Short Interest in Icade (OTCMKTS:CDMGF) Increases By 26.7%

Icade (OTCMKTS:CDMGF) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totalling 59,300 shares, an increase of 26.7% from the November 30th total of 46,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 593.0 days.

Icade Stock Performance

CDMGF stock opened at $22.23 on Tuesday. The business has a 50 day moving average price of $26.98 and a 200 day moving average price of $26.17. Icade has a fifty-two week low of $22.23 and a fifty-two week high of $32.59.

About Icade

Icade is a full-service real estate company with expertise in both commercial property investment (portfolio worth 6.8bn on a full consolidation basis as of 12/31/2023) and property development (2023 economic revenue of 1.3bn) that operates throughout France. Icade has forged longterm partnerships to respond to emerging trends in the industry.