Link Real Estate Investment Trust (OTCMKTS:LKREF) Sees Large Increase in Short Interest

Link Real Estate Investment Trust (OTCMKTS:LKREF) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 976,900 shares, a growth of 64.5% from the September 15th total of 593,700 shares. Based on an average daily volume of 2,100 shares, the short-interest ratio is currently 465.2 days.

Link Real Estate Investment Trust Trading Up 1.0 %

Shares of LKREF traded up $0.05 during mid-day trading on Monday, reaching $5.00. 2,100 shares of the stock traded hands, compared to its average volume of 6,943. The stock has a fifty day simple moving average of $4.68 and a 200 day simple moving average of $4.37. Link Real Estate Investment Trust has a 12-month low of $3.75 and a 12-month high of $5.67.

Link Real Estate Investment Trust Company Profile

Link Real Estate Investment Trust, managed by Link Asset Management Limited, is the largest REIT in Asia, and a leading real estate investor and asset manager in the world. Listed in 2005 as the first REIT in Hong Kong, Link has been 100% held by public and institutional investors, and has no controlling unitholder.