Short Interest in Suntec Real Estate Investment Trust (OTCMKTS:SURVF) Grows By 73.4%

Suntec Real Estate Investment Trust (OTCMKTS:SURVF) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 242,385 shares, a growth of 73.4% from the November 30th total of 139,769 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days. Approximately 0.0% of the shares of the company are short sold.

Suntec Real Estate Investment Trust Price Performance

OTCMKTS:SURVF opened at $1.00 on Tuesday. The company has a 50-day moving average of $0.99 and a 200-day moving average of $0.95. Suntec Real Estate Investment Trust has a 52 week low of $0.85 and a 52 week high of $1.04.

Suntec Real Estate Investment Trust Company Profile

Suntec Real Estate Investment Trust, established in 2004, is a Singapore-based real estate investment trust that focuses on acquiring and managing office and retail properties. Its flagship asset, Suntec City, comprises six office towers and an expansive retail podium. The trust also holds significant interests in office towers within the Marina Bay Financial Centre, further solidifying its presence in Singapore’s central business district.

In an effort to diversify geographically, Suntec REIT has selectively expanded into Asia-Pacific markets, including the acquisition of landmark office properties in Melbourne, Australia.