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

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

City Developments Stock Down 0.4 %

City Developments stock traded down $0.02 during trading hours on Tuesday, hitting $3.65. The stock had a trading volume of 3,645 shares, compared to its average volume of 3,021. City Developments has a 1-year low of $3.62 and a 1-year high of $4.86. The stock’s fifty day moving average is $3.84 and its two-hundred day moving average is $3.94.

About City Developments

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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.

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