Keppel DC REIT (OTCMKTS:KPDCF) Short Interest Update

Keppel DC REIT (OTCMKTS:KPDCF) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 119,900 shares, a growth of 29.6% from the December 15th total of 92,500 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is presently 199.8 days.

Keppel DC REIT Price Performance

Shares of KPDCF remained flat at $1.50 during midday trading on Friday. Keppel DC REIT has a 52-week low of $1.15 and a 52-week high of $1.79. The firm has a 50-day moving average price of $1.63 and a 200-day moving average price of $1.54.

Keppel DC REIT Company Profile

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.