Keppel Ltd. (OTCMKTS:KPELY) Short Interest Update

Keppel Ltd. (OTCMKTS:KPELY) was the target of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 8,600 shares, a growth of 2,766.7% from the November 15th total of 300 shares. Based on an average daily volume of 3,300 shares, the short-interest ratio is currently 2.6 days.

Analysts Set New Price Targets

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

Keppel Price Performance

OTCMKTS:KPELY traded down $0.31 during mid-day trading on Friday, hitting $9.90. The company’s stock had a trading volume of 926 shares, compared to its average volume of 23,933. The business’s fifty day moving average is $9.78 and its two-hundred day moving average is $9.73. Keppel has a 1 year low of $8.45 and a 1 year high of $11.34.

Keppel Company Profile

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.