Keppel Ltd. (OTCMKTS:KPELF) Short Interest Up 6.9% in August

Keppel Ltd. (OTCMKTS:KPELF) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 3,415,500 shares, an increase of 6.9% from the August 15th total of 3,196,200 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Keppel Stock Performance

Shares of OTCMKTS:KPELF opened at $4.60 on Tuesday. The firm has a fifty day moving average price of $4.84 and a 200 day moving average price of $4.97. Keppel has a fifty-two week low of $4.48 and a fifty-two week high of $5.33.

Keppel Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, August 23rd. Shareholders of record on Wednesday, August 14th were issued a dividend of $0.15 per share. This represents a dividend yield of 5.06%. The ex-dividend date was Tuesday, August 13th. Keppel’s dividend payout ratio (DPR) is presently 41.71%.

Keppel Company Profile

Keppel Ltd., an investment holding company, engages in the infrastructure, real estate, and connectivity business in Singapore, China, Hong Kong, other far East and ASEAN countries, and internationally. The company operates through, Infrastructure, Real Estate, and Connectivity. It manages private funds and listed real estate investment and business trusts, in areas of infrastructure, real estate, and connectivity; energy and environmental solutions and services, including commercial power generation, renewables, environmental engineering and construction, and infrastructure; operation and maintenance; property development and investment; master development; sustainable and innovative urban space solutions; and system integration solutions and services.