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

Link Real Estate Investment Trust (OTCMKTS:LKREF) saw a significant drop in short interest in November. As of November 30th, there was short interest totalling 5,224,900 shares, a drop of 28.2% from the November 15th total of 7,282,000 shares. Based on an average daily volume of 17,300 shares, the days-to-cover ratio is presently 302.0 days.

Link Real Estate Investment Trust Stock Performance

Shares of OTCMKTS:LKREF remained flat at $4.35 during mid-day trading on Friday. The company had a trading volume of 55,000 shares, compared to its average volume of 6,990. The business’s 50 day moving average price is $4.65 and its 200 day moving average price is $4.44. Link Real Estate Investment Trust has a fifty-two week low of $3.75 and a fifty-two week high of $5.67.

About Link Real Estate Investment Trust

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.