Link Real Estate Investment Trust (OTCMKTS:LKREF) Sees Significant Drop in Short Interest

Link Real Estate Investment Trust (OTCMKTS:LKREF) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 4,135,800 shares, a drop of 20.8% from the November 30th total of 5,224,900 shares. Based on an average daily trading volume, of 12,400 shares, the short-interest ratio is currently 333.5 days.

Link Real Estate Investment Trust Price Performance

Shares of OTCMKTS LKREF traded down $0.10 during mid-day trading on Friday, reaching $4.30. 5,022 shares of the company traded hands, compared to its average volume of 6,847. Link Real Estate Investment Trust has a fifty-two week low of $3.75 and a fifty-two week high of $5.67. The stock has a fifty day simple moving average of $4.48 and a 200-day simple moving average of $4.45.

Link Real Estate Investment Trust Company Profile

Link Real Estate Investment Trust, managed by Link Asset Management Limited, is the largest REIT in Asia, and a leading real estate investor and asset manager in the world. Listed in 2005 as the first REIT in Hong Kong, Link has been 100% held by public and institutional investors, and has no controlling unitholder.