Keppel Ltd. (OTCMKTS:KPELY) Short Interest Update

Keppel Ltd. (OTCMKTS:KPELY) was the recipient of a significant drop in short interest in November. As of November 15th, there was short interest totalling 300 shares, a drop of 85.7% from the October 31st total of 2,100 shares. Based on an average daily trading volume, of 7,100 shares, the short-interest ratio is presently 0.0 days.

Keppel Stock Down 3.7 %

Shares of KPELY traded down $0.37 during trading hours on Friday, reaching $9.58. 1,345 shares of the stock traded hands, compared to its average volume of 2,707. The stock has a fifty day simple moving average of $9.88 and a 200 day simple moving average of $9.73. Keppel has a 52 week low of $8.45 and a 52 week high of $11.22.

Analyst Ratings Changes

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

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.