Keppel Corp. (OTCMKTS:KPELY) Short Interest Up 800.0% in August

Key Points

• Short interest in Keppel Corp. increased by 800.0% in August, rising from 200 shares to 1,800 shares.
• Keppel Corp.'s stock price increased by 5.6% during trading, reaching $13.75, with a current ratio of 1.39.
• The company announced a recent dividend payment of $0.2313 per share, representing a yield of 405.0% for shareholders of record.

Keppel Corp. (OTCMKTS:KPELY - ) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 1,800 shares, an increase of 800.0% from the August 15th total of 200 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 4,400 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 4,400 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the company's stock are short sold.

Keppel Trading Up 5.6%

KPELY stock traded up $0.73 during trading hours on Thursday, hitting $13.75. The company's stock had a trading volume of 642 shares, compared to its average volume of 1,582. The stock has a 50 day moving average price of $13.11 and a two-hundred day moving average price of $11.27. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.98 and a current ratio of 1.39. Keppel has a 12 month low of $7.93 and a 12 month high of $14.10.

Keppel Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, August 28th. Shareholders of record on Wednesday, August 13th were given a dividend of $0.2313 per share. The ex-dividend date of this dividend was Tuesday, August 12th. This represents a yield of 405.0%.

Keppel Company Profile

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.

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