Keppel Corp. (OTCMKTS:KPELY) Sees Significant Increase in Short Interest

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 - Get Free Report) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 1,800 shares, a growth of 800.0% from the August 15th total of 200 shares. Based on an average trading volume of 4,400 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 4,400 shares, the short-interest ratio is presently 0.4 days.

Keppel Trading Up 4.6%

OTCMKTS KPELY traded up $0.60 during trading on Tuesday, hitting $13.64. The company's stock had a trading volume of 647 shares, compared to its average volume of 4,918. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.98 and a current ratio of 1.39. The firm has a 50 day moving average price of $13.16 and a 200 day moving average price of $11.36. Keppel has a 52 week low of $7.93 and a 52 week high of $14.10.

Keppel Cuts Dividend

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

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.