Killam Apartment REIT (OTCMKTS:KMMPF) Sees Significant Increase in Short Interest

Killam Apartment REIT (OTCMKTS:KMMPF) was the recipient of a large growth in short interest in February. As of February 15th, there was short interest totalling 1,714,900 shares, a growth of 23.5% from the January 31st total of 1,388,400 shares. Based on an average daily trading volume, of 50,900 shares, the short-interest ratio is presently 33.7 days.

Killam Apartment REIT Price Performance

Shares of OTCMKTS KMMPF remained flat at $11.45 during mid-day trading on Thursday. 39,753 shares of the company were exchanged, compared to its average volume of 17,119. Killam Apartment REIT has a fifty-two week low of $11.02 and a fifty-two week high of $15.75. The company has a fifty day moving average of $11.55 and a two-hundred day moving average of $13.11.

About Killam Apartment REIT

Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential real estate investment trusts, owning, operating, managing and developing a $4.9 billion portfolio of apartments and manufactured home communities. Killam's strategy to enhance value and profitability focuses on three priorities: 1) increasing earnings from existing operations; 2) expanding the portfolio and diversifying geographically through accretive acquisitions, with an emphasis on newer properties; and 3) developing high-quality properties in its core markets.