Keppel Corp. (OTCMKTS:KPELY) Short Interest Up 1,736.0% in December

Keppel Corp. (OTCMKTS:KPELY) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 6,573 shares, a growth of 1,736.0% from the November 30th total of 358 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 68,501 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 68,501 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

Separately, UBS Group initiated coverage on shares of Keppel in a research report on Thursday, September 25th. They issued a “buy” rating for the company. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy”.

Keppel Stock Down 1.5%

Shares of KPELY stock traded down $0.25 during mid-day trading on Thursday, hitting $15.76. The stock had a trading volume of 1,555 shares, compared to its average volume of 19,693. Keppel has a fifty-two week low of $7.93 and a fifty-two week high of $16.00. The company’s 50-day simple moving average is $15.33 and its 200-day simple moving average is $13.81.

Keppel Company Profile

Keppel Corporation Ltd is a Singapore‐headquartered conglomerate offering diversified businesses spanning offshore & marine, property, infrastructure, and asset management. Through its Offshore & Marine arm, Keppel designs, builds and repairs mobile offshore drilling units, production platforms and specialized vessels, while pursuing new energy solutions such as offshore wind foundations and floating solar platforms. Its property division develops residential, commercial and mixed‐use projects across Asia, Europe and the Americas, complemented by real estate investment trusts and fund management services.

In the infrastructure segment, Keppel delivers integrated solutions for power generation, water treatment, waste management and district cooling.