Keppel Corp. (OTCMKTS:KPELY) Short Interest Update

Keppel Corp. (OTCMKTS:KPELY) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 9,039 shares, a growth of 288.4% from the May 31st total of 2,327 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 8,316 shares, the short-interest ratio is currently 1.1 days.

Keppel Stock Performance

KPELY stock traded down $1.11 during mid-day trading on Friday, hitting $16.46. The stock had a trading volume of 1,130 shares, compared to its average volume of 4,296. Keppel has a 1-year low of $11.23 and a 1-year high of $21.11. The company has a fifty day moving average of $17.09 and a 200 day moving average of $17.66.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Keppel to a “hold” rating in a research report on Friday, May 22nd. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Keppel currently has an average rating of “Moderate Buy”.

Keppel Company Profile

Keppel Corporation Ltd is a Singapore‐headquartered conglomerate offering diversified businesses spanning offshore & marine, property, infrastructure, and asset management. Through its Offshore & Marine arm, Keppel designs, builds and repairs mobile offshore drilling units, production platforms and specialized vessels, while pursuing new energy solutions such as offshore wind foundations and floating solar platforms. Its property division develops residential, commercial and mixed‐use projects across Asia, Europe and the Americas, complemented by real estate investment trusts and fund management services.

In the infrastructure segment, Keppel delivers integrated solutions for power generation, water treatment, waste management and district cooling.