City Developments Limited (OTCMKTS:CDEVY) Short Interest Down 40.0% in January

City Developments Limited (OTCMKTS:CDEVY) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 3,000 shares, a drop 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 currently 0.1 days.

City Developments Stock Performance

Shares of CDEVY stock traded up $0.07 on Wednesday, reaching $3.76. The stock had a trading volume of 896 shares, compared to its average volume of 8,761. City Developments has a 1 year low of $3.61 and a 1 year high of $4.81. The company has a 50 day simple moving average of $3.80 and a 200 day simple moving average of $3.94.

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.