Short Interest in Killam Apartment REIT (OTCMKTS:KMMPF) Decreases By 9.9%

Killam Apartment REIT (OTCMKTS:KMMPF) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 1,064,300 shares, a drop of 9.9% from the September 15th total of 1,181,300 shares. Based on an average daily volume of 800 shares, the short-interest ratio is presently 1,330.4 days.

Killam Apartment REIT Price Performance

Killam Apartment REIT stock remained flat at $14.25 during mid-day trading on Tuesday. The business has a fifty day moving average of $14.65 and a two-hundred day moving average of $13.31. Killam Apartment REIT has a twelve month low of $11.32 and a twelve month high of $15.75.

Killam Apartment REIT Company Profile

Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential real estate investment trusts, owning, operating, managing and developing a $4.9 billion portfolio of apartments and manufactured home communities. Killam's strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations; 2) expanding the portfolio and diversifying geographically through accretive acquisitions, with an emphasis on newer properties; and 3) developing high-quality properties in its core markets.