City Developments Limited (OTCMKTS:CDEVY – Get Free Report) saw a large growth in short interest in October. As of October 15th, there was short interest totalling 18,100 shares, a growth of 187.3% from the September 30th total of 6,300 shares. Based on an average daily volume of 17,000 shares, the days-to-cover ratio is presently 1.1 days.
City Developments Stock Down 3.0 %
Shares of CDEVY stock opened at $4.03 on Monday. City Developments has a one year low of $3.70 and a one year high of $5.06. The stock has a fifty day moving average price of $4.07 and a 200 day moving average price of $4.08.
City Developments Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Friday, September 13th. Stockholders of record on Monday, August 26th were issued a dividend of $0.0134 per share. The ex-dividend date of this dividend was Monday, August 26th.
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.
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