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Short Interest in City Developments Limited (OTCMKTS:CDEVY) Expands By 27.8%

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City Developments Limited (OTCMKTS:CDEVY - Get Free Report) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 2,300 shares, a growth of 27.8% from the January 31st total of 1,800 shares. Based on an average trading volume of 18,500 shares, the days-to-cover ratio is presently 0.1 days.

City Developments Trading Up 5.2 %

OTCMKTS:CDEVY traded up $0.20 on Friday, hitting $3.91. 841 shares of the company's stock were exchanged, compared to its average volume of 7,461. The firm has a 50-day moving average price of $3.75 and a 200-day moving average price of $3.90. City Developments has a 52 week low of $3.56 and a 52 week high of $4.62.

About City Developments

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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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