Short Interest in Suntec Real Estate Investment Trust (OTCMKTS:SURVF) Rises By 109.1%

Suntec Real Estate Investment Trust (OTCMKTS:SURVF) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 928,785 shares, an increase of 109.1% from the January 29th total of 444,286 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Suntec Real Estate Investment Trust Price Performance

Suntec Real Estate Investment Trust stock opened at $1.21 on Friday. The stock has a fifty day moving average of $1.11 and a two-hundred day moving average of $1.03. Suntec Real Estate Investment Trust has a fifty-two week low of $0.85 and a fifty-two week high of $1.24.

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.