Icade (OTCMKTS:CDMGF) Short Interest Up 52.8% in July

Icade (OTCMKTS:CDMGF) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 93,500 shares, an increase of 52.8% from the June 30th total of 61,200 shares. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is presently 62.3 days.

Icade Stock Performance

OTCMKTS:CDMGF remained flat at $22.28 during trading hours on Friday. The business’s 50 day moving average price is $27.78 and its two-hundred day moving average price is $29.69. Icade has a twelve month low of $22.28 and a twelve month high of $38.92.

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.