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

Link Real Estate Investment Trust (OTCMKTS:LKREF) saw a large increase in short interest in September. As of September 30th, there was short interest totalling 976,900 shares, an increase of 64.5% from the September 15th total of 593,700 shares. Based on an average daily trading volume, of 2,100 shares, the days-to-cover ratio is presently 465.2 days.

Link Real Estate Investment Trust Price Performance

LKREF traded up $0.05 during trading on Monday, reaching $5.00. 2,100 shares of the stock traded hands, compared to its average volume of 6,943. Link Real Estate Investment Trust has a fifty-two week low of $3.75 and a fifty-two week high of $5.67. The stock’s 50-day simple moving average is $4.68 and its two-hundred day simple moving average is $4.37.

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.