Killam Apartment REIT (OTCMKTS:KMMPF) Short Interest Update

Killam Apartment REIT (OTCMKTS:KMMPF – Get Rating) was the recipient of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 372,900 shares, a decline of 6.8% from the February 13th total of 399,900 shares. Based on an average daily volume of 6,400 shares, the days-to-cover ratio is presently 58.3 days.

Analyst Ratings Changes

A number of research analysts have recently commented on KMMPF shares. BMO Capital Markets boosted their target price on shares of Killam Apartment REIT from C$19.50 to C$20.00 in a research report on Wednesday, February 22nd. National Bank Financial increased their target price on shares of Killam Apartment REIT from C$20.50 to C$21.50 in a research report on Monday, January 30th. Finally, CIBC increased their target price on shares of Killam Apartment REIT from C$20.00 to C$21.50 in a research report on Tuesday, February 21st.

Killam Apartment REIT Price Performance

Shares of KMMPF stock opened at $13.20 on Wednesday. The stock has a fifty day moving average price of $13.48 and a 200 day moving average price of $12.57. Killam Apartment REIT has a one year low of $10.75 and a one year high of $17.64.

About Killam Apartment REIT

(Get Rating)

Killam Apartment REIT engages in the ownership, management and development of multi-family residential properties. It operates through the following segments: Apartments, Manufactured Home Communities, and Other. The Apartments segment includes property revenue, property operating expenses and fair value of investment property by region.