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

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City Developments Limited (OTCMKTS:CDEVY - Get Free Report) saw a significant drop in short interest in November. As of November 30th, there was short interest totalling 5,600 shares, a drop of 6.7% from the November 15th total of 6,000 shares. Based on an average daily trading volume, of 8,400 shares, the short-interest ratio is presently 0.7 days.

City Developments Stock Performance

Shares of OTCMKTS:CDEVY traded down $0.04 on Monday, hitting $3.86. The company's stock had a trading volume of 7,724 shares, compared to its average volume of 19,497. The company has a 50-day simple moving average of $3.96 and a 200 day simple moving average of $3.98. City Developments has a 1 year low of $3.68 and a 1 year high of $5.06.

About City Developments

(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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