Suntec Real Estate Investment Trust (OTCMKTS:SURVF) Short Interest Down 43.8% in August

Suntec Real Estate Investment Trust (OTCMKTS:SURVF) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 19,485 shares, a decline of 43.8% from the August 15th total of 34,685 shares. Based on an average daily trading volume, of 13 shares, the short-interest ratio is currently 1,498.8 days. Currently, 0.0% of the shares of the company are short sold.

Suntec Real Estate Investment Trust Stock Performance

Shares of Suntec Real Estate Investment Trust stock opened at $1.11 on Tuesday. The firm has a 50-day simple moving average of $1.08 and a two-hundred day simple moving average of $1.12. Suntec Real Estate Investment Trust has a fifty-two week low of $0.88 and a fifty-two week high of $1.24.

Suntec Real Estate Investment Trust Company Profile

Suntec Real Estate Investment Trust (Suntec REIT) is a Singapore-listed real estate investment trust focused on owning and managing income-producing commercial properties. Its portfolio is primarily composed of office and retail assets, with properties located in Singapore, Australia and the United Kingdom.

The trust’s Singapore portfolio includes interests in Suntec City, an integrated commercial development comprising office space, retail facilities and convention-related amenities. Suntec REIT also has interests in prominent office properties in Singapore’s central business district, including assets associated with Marina Bay Financial Centre and One Raffles Quay.

Suntec REIT was established in 2004 and has expanded internationally through investments in commercial properties in Australia and the United Kingdom.