Short Interest in Keppel Ltd. (OTCMKTS:KPELY) Drops By 97.5%

Keppel Ltd. (OTCMKTS:KPELY - Get Free Report) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 100 shares, a decline of 97.5% from the March 31st total of 4,000 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 30,800 shares, the days-to-cover ratio is presently 0.0 days.

Keppel Stock Down 1.2 %

Keppel stock traded down $0.12 during midday trading on Friday, reaching $10.00. 212 shares of the company were exchanged, compared to its average volume of 5,083. Keppel has a 1 year low of $7.93 and a 1 year high of $11.34. The firm's 50-day simple moving average is $9.79 and its 200-day simple moving average is $9.83. The company has a current ratio of 1.05, a quick ratio of 0.73 and a debt-to-equity ratio of 0.85.

Keppel Increases Dividend

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

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.

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