Keppel Corp. (OTCMKTS:KPELY) Short Interest Update

Keppel Corp. (OTCMKTS:KPELY) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 6,573 shares, a growth of 1,736.0% from the November 30th total of 358 shares. Based on an average daily trading volume, of 68,501 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 68,501 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, UBS Group initiated coverage on Keppel in a research note on Thursday, September 25th. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Keppel Price Performance

KPELY opened at $15.76 on Friday. Keppel has a 12 month low of $7.93 and a 12 month high of $16.00. The business has a 50 day simple moving average of $15.35 and a 200-day simple moving average of $13.82.

Keppel Company Profile

Keppel Corporation Ltd is a Singapore?headquartered conglomerate offering diversified businesses spanning offshore & marine, property, infrastructure, and asset management. Through its Offshore & Marine arm, Keppel designs, builds and repairs mobile offshore drilling units, production platforms and specialized vessels, while pursuing new energy solutions such as offshore wind foundations and floating solar platforms. Its property division develops residential, commercial and mixed?use projects across Asia, Europe and the Americas, complemented by real estate investment trusts and fund management services.

In the infrastructure segment, Keppel delivers integrated solutions for power generation, water treatment, waste management and district cooling.