City Developments Limited (OTCMKTS:CDEVY) Short Interest Update

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

City Developments Price Performance

Shares of OTCMKTS:CDEVY traded down $0.08 during trading on Thursday, hitting $3.83. The company’s stock had a trading volume of 1,103 shares, compared to its average volume of 8,611. The company has a 50-day moving average of $3.80 and a 200-day moving average of $3.94. City Developments has a 12 month low of $3.61 and a 12 month high of $4.81.

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.