Keppel DC REIT (OTCMKTS:KPDCF) Sees Large Increase in Short Interest

Keppel DC REIT (OTCMKTS:KPDCFGet Free Report) was the recipient of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 762,900 shares, a growth of 402.2% from the January 31st total of 151,900 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 3,814.5 days.

Keppel DC REIT Stock Performance

Shares of KPDCF remained flat at $1.33 during midday trading on Thursday. The company has a 50-day simple moving average of $1.66 and a 200-day simple moving average of $1.60. Keppel DC REIT has a fifty-two week low of $0.75 and a fifty-two week high of $2.40.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised Keppel DC REIT to a “buy” rating in a report on Tuesday, February 4th.

Check Out Our Latest Research Report on KPDCF

About Keppel DC REIT

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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.

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