Link Real Estate Investment Trust (OTCMKTS:LKREF) Sees Large Decrease in Short Interest

Link Real Estate Investment Trust (OTCMKTS:LKREF) was the target of a large decrease in short interest in November. As of November 15th, there was short interest totalling 7,282,000 shares, a decrease of 25.7% from the October 31st total of 9,800,200 shares. Based on an average daily volume of 5,100 shares, the short-interest ratio is presently 1,427.8 days.

Link Real Estate Investment Trust Price Performance

OTCMKTS:LKREF remained flat at $4.40 during trading on Friday. The company’s stock had a trading volume of 21,800 shares, compared to its average volume of 7,001. Link Real Estate Investment Trust has a 52-week low of $3.75 and a 52-week high of $5.67. The company has a 50 day simple moving average of $4.76 and a 200 day simple moving average of $4.46.

Link Real Estate Investment Trust Company Profile

Link Real Estate Investment Trust, managed by Link Asset Management Limited, is the largest REIT in Asia, and a leading real estate investor and asset manager in the world. Listed in 2005 as the first REIT in Hong Kong, Link has been 100% held by public and institutional investors, and has no controlling unitholder.