Killam Apartment REIT (OTCMKTS:KMMPF) Short Interest Update

Killam Apartment REIT (OTCMKTS:KMMPF) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 1,714,900 shares, a growth of 23.5% from the January 31st total of 1,388,400 shares. Based on an average daily trading volume, of 50,900 shares, the days-to-cover ratio is currently 33.7 days.

Killam Apartment REIT Stock Performance

Killam Apartment REIT stock remained flat at $11.45 during midday trading on Wednesday. The company had a trading volume of 73,895 shares, compared to its average volume of 17,119. Killam Apartment REIT has a fifty-two week low of $11.02 and a fifty-two week high of $15.75. The business has a 50 day moving average of $11.56 and a 200-day moving average of $13.13.

Killam Apartment REIT Company Profile

Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential real estate investment trusts, owning, operating, managing and developing a $4.9 billion portfolio of apartments and manufactured home communities. Killam's strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations; 2) expanding the portfolio and diversifying geographically through accretive acquisitions, with an emphasis on newer properties; and 3) developing high-quality properties in its core markets.