Keppel REIT (OTCMKTS:KREVF) Short Interest Update

Keppel REIT (OTCMKTS:KREVF – Get Rating) saw a significant decline in short interest in May. As of May 31st, there was short interest totalling 103,100 shares, a decline of 49.5% from the May 15th total of 204,300 shares. Based on an average trading volume of 61,500 shares, the short-interest ratio is presently 1.7 days.

Keppel REIT stock opened at $0.78 on Friday. Keppel REIT has a 1-year low of $0.53 and a 1-year high of $2.14. The firm has a 50-day moving average of $0.79 and a 200-day moving average of $0.83. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.45.

About Keppel REIT (Get Rating)

Listed by way of an introduction on 28 April 2006, Keppel REIT is one of Asia's leading REITs with a portfolio of Grade A commercial assets in key business districts pan-Asia. Keppel REIT's objective is to generate stable income and long-term growth for Unitholders by owning and investing in a portfolio of quality income-producing commercial real estate and real estate-related assets in Singapore and pan-Asia.

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