Short Interest in City Developments Limited (OTCMKTS:CDEVY) Rises By 27.8%

City Developments Limited (OTCMKTS:CDEVY) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 2,300 shares, an increase of 27.8% from the January 31st total of 1,800 shares. Based on an average trading volume of 18,500 shares, the days-to-cover ratio is presently 0.1 days.

City Developments Stock Down 3.8 %

Shares of OTCMKTS CDEVY opened at $3.72 on Friday. The stock has a fifty day moving average price of $3.75 and a two-hundred day moving average price of $3.90. City Developments has a 1 year low of $3.56 and a 1 year high of $4.62.

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.