Suntec Real Estate Investment Trust (OTCMKTS:SURVF – Get Rating) was the recipient of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 7,006,400 shares, an increase of 172.6% from the March 15th total of 2,570,300 shares. Based on an average daily volume of 2,700 shares, the short-interest ratio is presently 2,595.0 days.
Suntec Real Estate Investment Trust Stock Performance
SURVF remained flat at $1.05 during midday trading on Friday. Suntec Real Estate Investment Trust has a 12-month low of $1.04 and a 12-month high of $1.34. The firm's fifty day moving average is $1.07 and its two-hundred day moving average is $1.08.
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Suntec Real Estate Investment Trust engages in the ownership of income-producing real estate, which is primarily used for retail and office purposes. The firm operates through the following business segments: Office, Retail and Convention. The Office segment comprises of Suntec city, park mall, and pacific highway.
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