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

Keppel Ltd. (OTCMKTS:KPELF) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 4,828,000 shares, a drop 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 Price Performance

Keppel stock opened at $4.93 on Friday. Keppel has a 52 week low of $4.60 and a 52 week high of $5.33. The company’s 50-day moving average price is $4.83 and its two-hundred day moving average price is $4.77.

About Keppel

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.