Keppel DC REIT (OTCMKTS:KPDCF – Get Free Report) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 762,900 shares, an increase of 402.2% from the January 31st total of 151,900 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 3,814.5 days.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group upgraded Keppel DC REIT to a “buy” rating in a research report on Tuesday, February 4th.
Get Our Latest Report on KPDCF
Keppel DC REIT Stock Performance
About Keppel DC REIT
Keppel DC REIT was listed on the Singapore Exchange on 12 December 2014 as the first pure-play data centre REIT in Asia. Keppel DC REIT’s investment strategy is to principally invest, directly or indirectly, in a diversified portfolio of income-producing real estate assets which are used primarily for data centre purposes, as well as real estate and assets necessary to support the digital economy.
Featured Stories
- Five stocks we like better than Keppel DC REIT
- 3 Must-Buy Warren Buffett Stocks for Volatile Times
- Volatility Is Back: 3 Stocks To Cushion the S&P 500’s Swings
- How is Compound Interest Calculated?
- 2 Catalysts That Could Push NVIDIA Stock Up 30% This Year
- Bank Stocks – Best Bank Stocks to Invest In
- Do GM Stock Buybacks Make the Stock Buyable For Investors?
Receive News & Ratings for Keppel DC REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keppel DC REIT and related companies with MarketBeat.com's FREE daily email newsletter.