New World Development Company Limited (OTCMKTS:NDVLY - Get Free Report) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 28,600 shares, a decrease of 78.8% from the February 28th total of 134,900 shares. Based on an average daily trading volume, of 32,900 shares, the short-interest ratio is currently 0.9 days. Approximately 0.0% of the company's shares are sold short.
New World Development Price Performance
NDVLY stock traded up $0.00 during trading on Friday, reaching $0.36. 9,166 shares of the stock traded hands, compared to its average volume of 10,314. The business's 50 day moving average price is $0.34 and its 200-day moving average price is $0.41. New World Development has a 52-week low of $0.22 and a 52-week high of $0.69.
About New World Development
(
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New World Development Company Limited, an investment holding company, operates in the property development and investment business in Hong Kong and Mainland China. Its property portfolio includes residential, retail, office, and industrial properties. The company also provides commercial aircraft leasing services; operates expressways; and constructs residential and commercial projects, as well as whole life, term, dread disease, medical, disability, and accident insurance products.
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