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Short Interest in Derwent London Plc (OTCMKTS:DWVYF) Expands By 6.4%

Derwent London logo with Finance background

Derwent London Plc (OTCMKTS:DWVYF - Get Free Report) was the recipient of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 121,100 shares, a growth of 6.4% from the November 15th total of 113,800 shares. Based on an average daily volume of 400 shares, the short-interest ratio is currently 302.8 days.

Derwent London Stock Performance

Shares of OTCMKTS:DWVYF remained flat at $26.90 on Monday. Derwent London has a twelve month low of $24.53 and a twelve month high of $30.30. The stock has a 50-day moving average of $28.93 and a two-hundred day moving average of $29.14.

Analyst Upgrades and Downgrades

Separately, Citigroup raised Derwent London to a "hold" rating in a report on Thursday, October 3rd.

Get Our Latest Stock Report on Derwent London

About Derwent London

(Get Free Report)

Derwent London plc owns 66 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion as at 31 December 2023, making it the largest London office-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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