New World Development Company Limited (OTCMKTS:NDVLY) Short Interest Down 43.1% in September

New World Development Company Limited (OTCMKTS:NDVLY - Get Free Report) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totalling 2,900 shares, a decrease of 43.1% from the September 15th total of 5,100 shares. Based on an average daily trading volume, of 112,700 shares, the short-interest ratio is presently 0.0 days.

New World Development Price Performance

New World Development stock traded up $0.03 during trading on Friday, reaching $0.60. The company had a trading volume of 796 shares, compared to its average volume of 10,846. The firm's 50-day simple moving average is $0.49 and its 200 day simple moving average is $0.51. New World Development has a 1-year low of $0.35 and a 1-year high of $1.04.

New World Development Company Profile

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.