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

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

Killam Apartment REIT Stock Performance

Shares of OTCMKTS KMMPF opened at $14.50 on Wednesday. The firm’s 50-day moving average price is $14.67 and its 200-day moving average price is $13.31. Killam Apartment REIT has a 12-month low of $11.32 and a 12-month high of $15.75.

About Killam Apartment REIT

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.