Kenedix Office Investment Corp. (OTCMKTS:KDXRF) Sees Large Increase in Short Interest
by Amy Steele · The Cerbat GemKenedix Office Investment Corp. (OTCMKTS:KDXRF – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 18,847 shares, a growth of 2,307.0% from the September 15th total of 783 shares. Based on an average trading volume of 2 shares, the days-to-cover ratio is currently 9,423.5 days.
Kenedix Office Investment Stock Performance
Kenedix Office Investment Company Profile
Kenedix Office Investment Corporation was a Japanese real estate investment trust (REIT) focused primarily on acquiring, owning, and managing office buildings. Its portfolio was centered on properties in Tokyo and other major Japanese urban markets, with the objective of generating rental income and maintaining the long-term value of its real estate assets.
The REIT was established in 2005 and was managed by Kenedix Real Estate Fund Management, a member of the Kenedix group. Its activities included property acquisition, leasing, building operations, tenant management, and capital improvements.
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