Link Real Estate Investment Trust (OTCMKTS:LKREF) Short Interest Up 61.8% in April

Link Real Estate Investment Trust (OTCMKTS:LKREF – Get Rating) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 100,300 shares, an increase of 61.8% from the March 31st total of 62,000 shares. Based on an average daily volume of 2,300 shares, the days-to-cover ratio is presently 43.6 days.

LKREF remained flat at $$8.30 on Friday. The company had a trading volume of 45 shares, compared to its average volume of 5,697. The business has a 50 day moving average of $8.31 and a two-hundred day moving average of $8.60. Link Real Estate Investment Trust has a 1 year low of $7.81 and a 1 year high of $10.28.

Link Real Estate Investment Trust Company Profile (Get Rating)

Link Real Estate Investment Trust (Hong Kong stock code: 823), managed by Link Asset Management Limited, is a leading retail-focused REIT in the world and Asia's largest REIT in terms of market capitalisation. Listed in 2005 as the first REIT in Hong Kong, Link has been 100% held by public and institutional investors and is a Hang Seng Index constituent stock.

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