Short Interest in Keppel Ltd. (OTCMKTS:KPELF) Drops By 10.6%

Keppel Ltd. (OTCMKTS:KPELF) saw a significant decrease in short interest in December. As of December 31st, there was short interest totalling 4,828,000 shares, a decrease of 10.6% from the December 15th total of 5,399,800 shares. Based on an average daily volume of 6,300 shares, the short-interest ratio is presently 766.3 days.

Keppel Stock Performance

Shares of KPELF stock remained flat at $4.93 on Friday. The stock’s 50 day moving average price is $4.83 and its 200-day moving average price is $4.77. Keppel has a fifty-two week low of $4.60 and a fifty-two week high of $5.33.

Keppel Company Profile

Keppel Ltd., an investment holding company, engages in the infrastructure, real estate, and connectivity business in Singapore, China, Hong Kong, other far East and ASEAN countries, and internationally. The company operates through, Infrastructure, Real Estate, and Connectivity. It manages private funds and listed real estate investment and business trusts, in areas of infrastructure, real estate, and connectivity; energy and environmental solutions and services, including commercial power generation, renewables, environmental engineering and construction, and infrastructure; operation and maintenance; property development and investment; master development; sustainable and innovative urban space solutions; and system integration solutions and services.