Link Real Estate Investment Trust (OTCMKTS:LKREF – Get Rating) saw a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 58,700 shares, a decrease of 41.5% from the April 15th total of 100,300 shares. Based on an average daily trading volume, of 3,800 shares, the days-to-cover ratio is currently 15.4 days.
OTCMKTS:LKREF remained flat at $$8.23 during midday trading on Friday. Link Real Estate Investment Trust has a one year low of $7.81 and a one year high of $10.28. The business’s 50 day simple moving average is $8.38 and its two-hundred day simple moving average is $8.58.
Link Real Estate Investment Trust Company Profile (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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