Link Real Estate Investment Trust (OTCMKTS:LKREF) Sees Significant Decrease in Short Interest

Link Real Estate Investment Trust (OTCMKTS:LKREF) saw a large decrease in short interest in November. As of November 15th, there was short interest totalling 7,282,000 shares, a decrease of 25.7% from the October 31st total of 9,800,200 shares. Based on an average trading volume of 5,100 shares, the days-to-cover ratio is currently 1,427.8 days.

Link Real Estate Investment Trust Price Performance

Shares of OTCMKTS LKREF traded up $0.22 during trading hours on Friday, hitting $4.40. 9,852 shares of the stock were exchanged, compared to its average volume of 7,001. The company’s 50 day moving average is $4.76 and its 200 day moving average is $4.46. Link Real Estate Investment Trust has a one year low of $3.75 and a one 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.