Link Real Estate Investment Trust (OTCMKTS:LKREF) Sees Significant Decline in Short Interest

Link Real Estate Investment Trust (OTCMKTS:LKREF – Get Rating) was the target of a large drop in short interest during the month of March. As of March 31st, there was short interest totaling 62,000 shares, a drop of 21.3% from the March 15th total of 78,800 shares. Based on an average daily volume of 2,500 shares, the short-interest ratio is currently 24.8 days.

OTCMKTS:LKREF opened at $8.48 on Monday. Link Real Estate Investment Trust has a 1 year low of $7.81 and a 1 year high of $10.28. The business has a 50-day simple moving average of $8.36 and a 200-day simple moving average of $8.61.

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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