Short Interest in Icade (OTCMKTS:CDMGF) Drops By 19.6%

Icade (OTCMKTS:CDMGF) saw a large decrease in short interest in December. As of December 31st, there was short interest totalling 47,700 shares, a decrease of 19.6% from the December 15th total of 59,300 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 477.0 days.

Icade Price Performance

Shares of CDMGF remained flat at $22.23 during midday trading on Thursday. Icade has a twelve month low of $22.23 and a twelve month high of $32.59. The stock has a fifty day simple moving average of $25.22 and a 200 day simple moving average of $25.44.

Icade Company Profile

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.