Suntec Real Estate Investment Trust (OTCMKTS:SURVF) Short Interest Up 78.4% in December

Suntec Real Estate Investment Trust (OTCMKTS:SURVF) was the target of a large increase in short interest in December. As of December 31st, there was short interest totaling 432,485 shares, an increase of 78.4% from the December 15th total of 242,385 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days. Currently, 0.0% of the shares of the stock are sold short.

Suntec Real Estate Investment Trust Price Performance

Shares of Suntec Real Estate Investment Trust stock opened at $1.00 on Friday. The firm has a 50 day simple moving average of $0.99 and a 200 day simple moving average of $0.96. Suntec Real Estate Investment Trust has a fifty-two week low of $0.85 and a fifty-two week high of $1.04.

About Suntec Real Estate Investment Trust

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.