Link Real Estate Investment Trust (OTCMKTS:LKREF – Get Rating) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 103,700 shares, an increase of 76.7% from the April 30th total of 58,700 shares. Based on an average daily volume of 4,500 shares, the short-interest ratio is presently 23.0 days.
Shares of OTCMKTS:LKREF opened at $8.93 on Friday. Link Real Estate Investment Trust has a 12-month low of $7.81 and a 12-month high of $10.28. The business has a fifty day simple moving average of $8.49 and a 200 day simple moving average of $8.57.
About Link Real Estate Investment Trust (Get Rating)
Link Real Estate Investment Trust (Hong Kong stock code: 823), managed by Link Asset Management Limited, is a leading retail-focused REIT in the world and Asia’s largest REIT in terms of market capitalisation. Listed in 2005 as the first REIT in Hong Kong, Link has been 100% held by public and institutional investors and is a Hang Seng Index constituent stock.
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