Keppel DC REIT (OTCMKTS:KPDCF – Get Free Report) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 3,176,700 shares, a drop of 16.1% from the March 31st total of 3,787,000 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 31,767.0 days.
Keppel DC REIT Stock Performance
Shares of OTCMKTS:KPDCF opened at $1.86 on Monday. Keppel DC REIT has a 52 week low of $0.75 and a 52 week high of $2.40. The company has a 50-day moving average price of $1.49 and a 200 day moving average price of $1.61.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group upgraded shares of Keppel DC REIT to a “buy” rating in a research note on Tuesday, February 4th.
About Keppel DC REIT
Keppel DC REIT was listed on the Singapore Exchange on 12 December 2014 as the first pure-play data centre REIT in Asia. Keppel DC REIT’s investment strategy is to principally invest, directly or indirectly, in a diversified portfolio of income-producing real estate assets which are used primarily for data centre purposes, as well as real estate and assets necessary to support the digital economy.
Read More
- Five stocks we like better than Keppel DC REIT
- Dividend Capture Strategy: What You Need to Know
- Western Digital: Is the Storage Sector Set for a Rebound?
- Stock Analyst Ratings and Canadian Analyst Ratings
- Wingstop Stock Jumps on Q1 Beat, Expansion Outlook
- How to Choose Top Rated Stocks
- Why Energy Stocks Like Exxon and Hess Are Back in Focus
Receive News & Ratings for Keppel DC REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keppel DC REIT and related companies with MarketBeat.com's FREE daily email newsletter.
