Suntec Real Estate Investment Trust (OTCMKTS:SURVF) Short Interest Down 95.1% in July

Suntec Real Estate Investment Trust (OTCMKTS:SURVF) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 42,885 shares, a decline of 95.1% from the June 30th total of 870,785 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ? days.

Suntec Real Estate Investment Trust Stock Performance

OTCMKTS SURVF opened at $1.08 on Friday. The stock has a fifty day simple moving average of $1.11 and a 200-day simple moving average of $1.13. Suntec Real Estate Investment Trust has a twelve month low of $0.88 and a twelve month high of $1.24.

Suntec Real Estate Investment Trust Company Profile

Suntec Real Estate Investment Trust, established in 2004, is a Singapore-based real estate investment trust that focuses on acquiring and managing office and retail properties. Its flagship asset, Suntec City, comprises six office towers and an expansive retail podium. The trust also holds significant interests in office towers within the Marina Bay Financial Centre, further solidifying its presence in Singapore’s central business district.

In an effort to diversify geographically, Suntec REIT has selectively expanded into Asia-Pacific markets, including the acquisition of landmark office properties in Melbourne, Australia.