City Developments Limited (OTCMKTS:CDEVY) Short Interest Up 81.3% in March

City Developments Limited (OTCMKTS:CDEVY) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 13,600 shares, an increase of 81.3% from the March 15th total of 7,500 shares. Based on an average daily volume of 25,400 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the company’s shares are sold short.

City Developments Trading Down 5.4 %

OTCMKTS CDEVY traded down $0.19 during mid-day trading on Wednesday, hitting $3.36. The company’s stock had a trading volume of 1,122 shares, compared to its average volume of 8,622. City Developments has a 52-week low of $3.24 and a 52-week high of $4.62. The stock’s fifty day simple moving average is $3.70 and its two-hundred day simple moving average is $3.82.

About City Developments

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.