Short Interest in Killam Apartment REIT (OTCMKTS:KMMPF) Grows By 25.9%

Killam Apartment REIT (OTCMKTS:KMMPF) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 1,238,500 shares, an increase of 25.9% from the October 15th total of 983,600 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 12,385.0 days.

Killam Apartment REIT Stock Performance

OTCMKTS KMMPF opened at $13.22 on Friday. Killam Apartment REIT has a 1-year low of $12.23 and a 1-year high of $15.75. The business has a 50 day simple moving average of $14.68 and a two-hundred day simple moving average of $13.48.

About Killam Apartment REIT

Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential real estate investment trusts, owning, operating, managing and developing a $4.9 billion portfolio of apartments and manufactured home communities. Killam's strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations; 2) expanding the portfolio and diversifying geographically through accretive acquisitions, with an emphasis on newer properties; and 3) developing high-quality properties in its core markets.