City Developments Limited (OTCMKTS:CDEVY) Sees Significant Drop in Short Interest

City Developments Limited (OTCMKTS:CDEVY) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 3,000 shares, a drop of 40.0% from the December 15th total of 5,000 shares. Based on an average trading volume of 25,300 shares, the short-interest ratio is presently 0.1 days.

City Developments Stock Down 0.4 %

Shares of CDEVY traded down $0.02 during trading hours on Tuesday, reaching $3.65. 3,645 shares of the company traded hands, compared to its average volume of 3,021. City Developments has a fifty-two week low of $3.62 and a fifty-two week high of $4.86. The stock has a fifty day simple moving average of $3.84 and a 200 day simple moving average of $3.94.

City Developments Company Profile

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.