Link Real Estate Investment Trust (OTCMKTS:LKREF – Get a rating) saw a sharp drop in short-term interest rates in April. As of April 30, there was short interest totaling 58,700 shares, down 41.5% from the April 15 total of 100,300 shares. Based on an average daily trading volume of 3,800 shares, the days-to-cover ratio is currently 15.4 days.
OTCMKTS:LKREF held steady at $8.23 in Friday’s midday session. Link Real Estate Investment Trust has a one-year minimum of $7.81 and a one-year maximum of $10.28. The company’s 50-day simple moving average is $8.38 and its two-hundred-day simple moving average is $8.58.
Link Real Estate Investment Trust Company Profile (Get a rating)
Link Real Estate Investment Trust (Hong Kong stock code: 823), managed by Link Asset Management Limited, is a leading global retail REIT and Asia’s largest REIT by market capitalization . Listed in 2005 as the first REIT in Hong Kong, Link is 100% owned by public and institutional investors and is included in the Hang Seng Index.
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