Keppel Co. Limited (OTCMKTS:KPELY – Get Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 13,900 shares, a growth of 13,800.0% from the August 15th total of 100 shares. Based on an average trading volume of 6,700 shares, the days-to-cover ratio is presently 2.1 days.
Keppel Price Performance
Shares of KPELY remained flat at $10.03 during mid-day trading on Wednesday. The stock had a trading volume of 1 shares, compared to its average volume of 4,443. Keppel has a 12 month low of $8.43 and a 12 month high of $11.70. The company has a current ratio of 1.04, a quick ratio of 0.71 and a debt-to-equity ratio of 0.74. The business has a 50 day moving average of $10.22 and a 200-day moving average of $9.88.
Keppel Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Friday, August 25th. Stockholders of record on Tuesday, August 8th were given a $0.2254 dividend. The ex-dividend date was Monday, August 7th.
Keppel Corporation Limited, an investment holding company, engages in the energy and environment, urban development, connectivity, and asset management businesses in Singapore, China, Hong Kong, Brazil, other far East and ASEAN countries, and internationally. It constructs, fabricates, and repairs offshore production facilities and drilling rigs, power barges, specialized vessels, and other offshore production facilities; engineers, constructs, and fabricates platforms for the oil and gas sector; undertakes shipyard works and other general business activities; procures equipment and materials for the construction of offshore production facilities; produces jacking systems; and operates food hubs.
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