Short Interest in City Developments Limited (OTCMKTS:CDEVY) Expands By 140.0%

City Developments Limited (OTCMKTS:CDEVY) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 6,000 shares, an increase of 140.0% from the October 31st total of 2,500 shares. Based on an average trading volume of 31,000 shares, the short-interest ratio is presently 0.2 days.

City Developments Trading Down 0.4 %

OTCMKTS:CDEVY opened at $3.90 on Friday. The business’s 50-day moving average is $4.04 and its 200 day moving average is $4.02. City Developments has a 12 month low of $3.68 and a 12 month high of $5.06.

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.