Short Interest in Link Real Estate Investment Trust (OTCMKTS:LKREF) Drops By 20.8%

Link Real Estate Investment Trust (OTCMKTS:LKREF) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totalling 4,135,800 shares, a drop of 20.8% from the November 30th total of 5,224,900 shares. Based on an average trading volume of 12,400 shares, the short-interest ratio is presently 333.5 days.

Link Real Estate Investment Trust Stock Performance

Shares of LKREF traded up $0.07 during midday trading on Monday, hitting $4.10. The company had a trading volume of 355 shares, compared to its average volume of 6,783. The company’s 50-day simple moving average is $4.48 and its 200-day simple moving average is $4.45. Link Real Estate Investment Trust has a 1 year low of $3.75 and a 1 year 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.