Keppel Ltd. (OTCMKTS:KPELY) Short Interest Up 100.0% in January

Keppel Ltd. (OTCMKTS:KPELY) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 8,800 shares, an increase of 100.0% from the December 31st total of 4,400 shares. Based on an average daily volume of 5,000 shares, the days-to-cover ratio is presently 1.8 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised Keppel to a “strong-buy” rating in a research note on Wednesday, October 2nd.

Keppel Trading Down 4.0 %

KPELY stock traded down $0.41 during mid-day trading on Wednesday, reaching $9.85. 357 shares of the company traded hands, compared to its average volume of 1,279. The company has a fifty day moving average price of $9.92 and a 200-day moving average price of $9.77. The company has a quick ratio of 0.73, a current ratio of 1.05 and a debt-to-equity ratio of 0.85. Keppel has a 52-week low of $8.45 and a 52-week high of $11.34.

About Keppel

Keppel Ltd., an investment holding company, engages in the infrastructure, real estate, and connectivity business in Singapore, China, Hong Kong, other far East and ASEAN countries, and internationally. The company operates through, Infrastructure, Real Estate, and Connectivity. It manages private funds and listed real estate investment and business trusts, in areas of infrastructure, real estate, and connectivity; energy and environmental solutions and services, including commercial power generation, renewables, environmental engineering and construction, and infrastructure; operation and maintenance; property development and investment; master development; sustainable and innovative urban space solutions; and system integration solutions and services.