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

Keppel DC REIT (OTCMKTS:KPDCF) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 150,372 shares, an increase of 332.8% from the November 30th total of 34,740 shares. Based on an average daily volume of 489 shares, the short-interest ratio is presently 307.5 days. Based on an average daily volume of 489 shares, the short-interest ratio is presently 307.5 days.

Keppel DC REIT Stock Performance

Keppel DC REIT stock opened at $1.77 on Thursday. Keppel DC REIT has a 1-year low of $0.75 and a 1-year high of $2.40. The stock’s fifty day moving average is $1.81 and its two-hundred day moving average is $1.83.

About Keppel DC REIT

Keppel DC REIT is a Singapore-based real estate investment trust established in August 2014 with a focused portfolio of income-producing data centre properties. It represents Asia’s first listed pure-play data centre REIT and seeks to generate stable, long-term returns by investing in a diversified suite of facilities that support the growing demand for digital infrastructure. The trust is supported by Keppel Data Centres Holding Pte Ltd, the sponsor responsible for origination, asset management and development of data centre assets.

The REIT’s portfolio spans key markets across the Asia Pacific and Europe, including Singapore, Malaysia, Australia, the United Kingdom and Germany.