Killam Apartment REIT (OTCMKTS:KMMPF) Short Interest Up 19.5% in February

Killam Apartment REIT (OTCMKTS:KMMPF) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 2,049,300 shares, a growth of 19.5% from the February 13th total of 1,714,900 shares. Based on an average daily trading volume, of 30,900 shares, the days-to-cover ratio is presently 66.3 days.

Killam Apartment REIT Stock Performance

OTCMKTS:KMMPF remained flat at $11.91 during trading hours on Wednesday. The company’s stock had a trading volume of 19,698 shares, compared to its average volume of 19,812. Killam Apartment REIT has a 1-year low of $11.02 and a 1-year high of $15.75. The firm has a 50-day moving average price of $11.50 and a 200-day moving average price of $12.97.

Killam Apartment REIT Company Profile

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.