Suntec Real Estate Investment Trust (OTCMKTS:SURVF) Sees Large Increase in Short Interest

Suntec Real Estate Investment Trust (OTCMKTS:SURVFGet Free Report) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totalling 6,056,900 shares, a growth of 28.5% from the April 15th total of 4,711,800 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 60,569.0 days.

Suntec Real Estate Investment Trust Stock Performance

Shares of Suntec Real Estate Investment Trust stock remained flat at $0.82 during trading on Tuesday. The company has a 50 day moving average price of $0.85 and a two-hundred day moving average price of $0.85. Suntec Real Estate Investment Trust has a fifty-two week low of $0.77 and a fifty-two week high of $1.01.

About Suntec Real Estate Investment Trust

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Listed on 9 December 2004, Suntec REIT holds properties in Suntec City, Singapore's largest integrated commercial development (including one of Singapore's largest shopping mall), a 66.3% interest in Suntec Singapore Convention & Exhibition Centre, a one-third interest in One Raffles Quay and a one-third interest in Marina Bay Financial Centre Towers 1 and 2 and the Marina Bay Link Mall.

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