Keppel Ltd. (OTCMKTS:KPELF) Short Interest Update

Keppel Ltd. (OTCMKTS:KPELF) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 4,681,100 shares, a growth of 13.1% from the September 15th total of 4,139,000 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is currently 3,120.7 days.

Keppel Price Performance

OTCMKTS:KPELF opened at $4.60 on Tuesday. The business’s 50-day simple moving average is $4.78 and its two-hundred day simple moving average is $4.87. Keppel has a 52 week low of $4.48 and a 52 week high of $5.33.

Keppel Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, August 23rd. Investors of record on Wednesday, August 14th were issued a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, August 13th. This represents a yield of 5.06%. Keppel’s dividend payout ratio is presently 41.71%.

About Keppel

Keppel Ltd., an investment holding company, engages in the infrastructure, real estate, and connectivity business in Singapore, China, Hong Kong, other far East and ASEAN countries, and internationally. The company operates through, Infrastructure, Real Estate, and Connectivity. It manages private funds and listed real estate investment and business trusts, in areas of infrastructure, real estate, and connectivity; energy and environmental solutions and services, including commercial power generation, renewables, environmental engineering and construction, and infrastructure; operation and maintenance; property development and investment; master development; sustainable and innovative urban space solutions; and system integration solutions and services.