Link Real Estate Investment Trust (OTCMKTS:LKREF) Short Interest Down 91.1% in June

Link Real Estate Investment Trust (OTCMKTS:LKREF) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 341,009 shares, a drop of 91.1% from the June 15th total of 3,811,806 shares. Based on an average daily trading volume, of 2,087 shares, the short-interest ratio is presently 163.4 days.

Link Real Estate Investment Trust Stock Performance

Link Real Estate Investment Trust stock traded up $0.11 during midday trading on Friday, reaching $4.81. The stock had a trading volume of 5,086 shares, compared to its average volume of 6,009. Link Real Estate Investment Trust has a 12 month low of $4.20 and a 12 month high of $5.83. The company has a fifty day moving average price of $4.92 and a two-hundred day moving average price of $4.77.

Link Real Estate Investment Trust Company Profile

Link Real Estate Investment Trust (OTCMKTS: LKREF) is a Hong Kong–based real estate investment trust that owns and manages a diversified portfolio of retail properties, car parks and office spaces. Established in December 2005, Link REIT was formed through the initial public offering of non-railway commercial assets of the MTR Corporation and has since grown to become one of Asia’s largest REITs by asset value. Its holdings primarily consist of community shopping centres, daily necessities-focused retail outlets and complementary car parking facilities, with a strategy aimed at providing everyday convenience to local communities.

In addition to property ownership, Link REIT provides a range of asset and property management services through its wholly owned subsidiary, Link Asset Management Limited.