Derwent London Plc (OTCMKTS:DWVYF – Get Free Report) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 113,800 shares, a growth of 1,896.5% from the October 31st total of 5,700 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 1,138.0 days.
Derwent London Stock Performance
Derwent London stock remained flat at $29.40 during mid-day trading on Wednesday. The company’s fifty day moving average is $29.89 and its 200-day moving average is $28.90. Derwent London has a 52 week low of $23.50 and a 52 week high of $30.30.
Analyst Ratings Changes
Separately, Citigroup raised Derwent London to a “hold” rating in a research report on Thursday, October 3rd.
About Derwent London
Derwent London plc owns 66 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion as at 31 December 2023, making it the largest London office-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling.
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