Keppel DC REIT (OTCMKTS:KPDCF) Sees Significant Growth in Short Interest

Keppel DC REIT (OTCMKTS:KPDCF) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 368,200 shares, a growth of 358.5% from the September 30th total of 80,300 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 3,682.0 days.

Keppel DC REIT Stock Performance

Shares of Keppel DC REIT stock remained flat at $1.75 during midday trading on Friday. Keppel DC REIT has a 1-year low of $1.15 and a 1-year high of $1.79. The stock has a 50-day simple moving average of $1.49 and a two-hundred day simple moving average of $1.37.

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.