Keppel Ltd. (OTCMKTS:KPELY) Short Interest Up 100.0% in January

Keppel Ltd. (OTCMKTS:KPELY) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 8,800 shares, an increase of 100.0% from the December 31st total of 4,400 shares. Based on an average daily volume of 5,000 shares, the short-interest ratio is currently 1.8 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded Keppel to a “strong-buy” rating in a report on Wednesday, October 2nd.

Keppel Stock Down 4.0 %

Shares of KPELY traded down $0.41 on Wednesday, reaching $9.85. The stock had a trading volume of 357 shares, compared to its average volume of 1,279. The company has a 50-day simple moving average of $9.92 and a 200-day simple moving average of $9.77. The company has a current ratio of 1.05, a quick ratio of 0.73 and a debt-to-equity ratio of 0.85. Keppel has a 12-month low of $8.45 and a 12-month high of $11.34.

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.