Keppel DC REIT (OTCMKTS:KPDCF) Sees Large Drop in Short Interest

Keppel DC REIT (OTCMKTS:KPDCF – Get Free Report) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 307,819 shares, a decrease of 83.4% from the September 30th total of 1,856,458 shares. Based on an average daily trading volume, of 579 shares, the short-interest ratio is presently 531.6 days.

Keppel DC REIT Price Performance

OTCMKTS:KPDCF opened at $1.66 on Tuesday. The business’s 50-day simple moving average is $1.64 and its two-hundred day simple moving average is $1.76. Keppel DC REIT has a 52 week low of $1.51 and a 52 week high of $2.20.

About Keppel DC REIT

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Keppel DC REIT is a Singapore-based real estate investment trust focused on owning and investing in income-producing data center properties. Its portfolio is designed to support the digital infrastructure needs of businesses, cloud service providers, telecommunications companies and other technology-driven organizations.

The REIT’s properties generally include data centers and related facilities that provide space, power, cooling, connectivity and security for information technology equipment.

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