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City Developments Limited (OTCMKTS:CDEVY) Sees Large Decline in Short Interest

City Developments logo with Finance background

City Developments Limited (OTCMKTS:CDEVY - Get Free Report) saw a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 5,000 shares, a drop of 10.7% from the November 30th total of 5,600 shares. Based on an average trading volume of 14,000 shares, the days-to-cover ratio is presently 0.4 days.

City Developments Price Performance

OTCMKTS:CDEVY traded down $0.03 on Monday, reaching $3.70. The company's stock had a trading volume of 8,754 shares, compared to its average volume of 19,253. City Developments has a 12-month low of $3.64 and a 12-month high of $5.06. The stock has a 50 day moving average price of $3.89 and a 200 day moving average price of $3.95.

City Developments Company Profile

(Get Free Report)

City Developments Limited (CDL) is a leading global real estate company with a network spanning 112 locations in 29 countries and regions. Listed on the Singapore Exchange, the Group is one of the largest companies by market capitalisation. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, shopping malls and integrated developments.

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