Keppel Ltd. (OTCMKTS:KPELY) Short Interest Down 68.3% in March

Keppel Ltd. (OTCMKTS:KPELY - Get Free Report) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 4,500 shares, a decline of 68.3% from the February 28th total of 14,200 shares. Based on an average daily volume of 21,300 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company's shares are sold short.

Keppel Stock Performance

KPELY stock remained flat at $9.81 on Monday. 149 shares of the company traded hands, compared to its average volume of 3,295. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.73 and a current ratio of 1.05. Keppel has a 1 year low of $8.45 and a 1 year high of $11.34. The company has a fifty day simple moving average of $10.06 and a two-hundred day simple moving average of $9.95.

Keppel Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 16th. Investors of record on Tuesday, April 29th will be given a $0.2816 dividend. This is a positive change from Keppel's previous dividend of $0.22. The ex-dividend date is Tuesday, April 29th.

About Keppel

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.