Keppel Corp. (OTCMKTS:KPELY) Short Interest Update

Keppel Corp. (OTCMKTS:KPELY) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 11,164 shares, a growth of 212.6% from the April 30th total of 3,571 shares. Based on an average daily trading volume, of 2,677 shares, the short-interest ratio is presently 4.2 days. Currently, 0.0% of the shares of the company are sold short.

Keppel Stock Performance

KPELY opened at $16.70 on Friday. The company has a fifty day moving average price of $17.77 and a 200-day moving average price of $17.44. Keppel has a one year low of $10.17 and a one year high of $21.11.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Keppel to a “hold” rating in a research note on Friday, May 22nd. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Keppel presently has a consensus rating of “Moderate Buy”.

Keppel Company Profile

Keppel Corporation Ltd is a Singapore‐headquartered conglomerate offering diversified businesses spanning offshore & marine, property, infrastructure, and asset management. Through its Offshore & Marine arm, Keppel designs, builds and repairs mobile offshore drilling units, production platforms and specialized vessels, while pursuing new energy solutions such as offshore wind foundations and floating solar platforms. Its property division develops residential, commercial and mixed‐use projects across Asia, Europe and the Americas, complemented by real estate investment trusts and fund management services.

In the infrastructure segment, Keppel delivers integrated solutions for power generation, water treatment, waste management and district cooling.