Keppel REIT (OTCMKTS:KREVF) Sees Significant Decline in Short Interest

Keppel REIT (OTCMKTS:KREVF) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 26,000 shares, a decline of 91.0% from the June 30th total of 289,100 shares. Based on an average trading volume of 2,300 shares, the days-to-cover ratio is presently 11.3 days.

Keppel REIT Stock Performance

OTCMKTS:KREVF remained flat at $0.61 during mid-day trading on Friday. The company’s 50 day moving average price is $0.63 and its two-hundred day moving average price is $0.64. Keppel REIT has a 1 year low of $0.55 and a 1 year high of $0.74.

Keppel REIT Company Profile

Listed by way of an introduction on 28 April 2006, Keppel REIT is one of Asia's leading real estate investment trusts with a portfolio of prime commercial assets in Asia Pacific's key business districts. Keppel REIT's objective is to generate stable income and sustainable long-term total return for its Unitholders by owning and investing in a portfolio of quality income-producing commercial real estate and real estate-related assets in Asia Pacific.