Suntec Real Estate Investment Trust (OTCMKTS:SURVF) Shares Shorted: Short Interest Up 14,782.6% in October

Suntec Real Estate Investment Trust (OTCMKTS:SURVF) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 2,871,293 shares, an increase of 14,782.6% from the September 30th total of 19,293 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ? days.

Suntec Real Estate Investment Trust Price Performance

Suntec Real Estate Investment Trust stock remained flat at $1.11 during midday trading on Monday. Suntec Real Estate Investment Trust has a one year low of $0.88 and a one year high of $1.24. The company has a 50 day simple moving average of $1.10 and a 200 day simple moving average of $1.11.

Suntec Real Estate Investment Trust Company Profile

Suntec Real Estate Investment Trust is a Singapore-based 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 positioned in major business and urban centers.

The REIT’s Singapore portfolio includes interests in Suntec City, a large mixed-use development comprising office towers, a retail mall and the Suntec Singapore Convention & Exhibition Centre, as well as interests in other prominent office properties in the Marina Bay and central business district areas.