Kenedix Office Investment Corp. (OTCMKTS:KDXRF – Get Free Report) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 8,850 shares, a drop of 53.0% from the September 30th total of 18,847 shares. Based on an average trading volume of 8 shares, the days-to-cover ratio is currently 1,106.2 days.
Kenedix Office Investment Stock Performance
Kenedix Office Investment Company Profile
Kenedix Office Investment Corporation was a Japanese real estate investment trust (REIT) focused primarily on office properties. The corporation invested in income-producing real estate and related assets, with the objective of generating stable rental income and supporting long-term asset value for its unitholders.
Its portfolio was centered mainly on office buildings in the Tokyo metropolitan area, although it also held properties in other major Japanese urban markets. The trust’s activities included property acquisition, ownership, leasing, asset management and the oversight of building operations through external service providers and its asset manager.
Kenedix Office Investment Corporation was sponsored and managed within the Kenedix real estate investment platform.
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