Suntec Real Estate Investment Trust (OTCMKTS:SURVF – Get Rating) saw a large decrease in short interest in August. As of August 15th, there was short interest totalling 2,156,200 shares, a decrease of 33.4% from the July 31st total of 3,236,800 shares. Based on an average trading volume of 1,000 shares, the short-interest ratio is currently 2,156.2 days.

Suntec Real Estate Investment Trust Price Performance

Shares of Suntec Real Estate Investment Trust stock opened at $1.14 on Friday. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.68. Suntec Real Estate Investment Trust has a 1 year low of $1.04 and a 1 year high of $1.34. The firm's 50-day moving average is $1.16 and its two-hundred day moving average is $1.20.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. cut shares of Suntec Real Estate Investment Trust from a "neutral" rating to an "underweight" rating in a report on Friday, May 20th.

Suntec Real Estate Investment Trust Company Profile

Listed on 9 December 2004, Suntec REIT holds properties in Suntec City, Singapore's largest integrated commercial development (including one of Singapore's largest shopping Mall), a 66.3% interest in Suntec Singapore Convention & Exhibition Centre, a one-third interest in One Raffles Quay, a one-third interest in Marina Bay Financial Centre Towers 1 and 2 and the Marina Bay Link Mall, and a 30.0% interest in 9 Penang Road.

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