City Developments Limited (OTCMKTS:CDEVY – Get Free Report) saw a large growth in short interest in April. As of April 15th, there was short interest totalling 1,100 shares, a growth of 175.0% from the March 31st total of 400 shares. Based on an average daily volume of 42,100 shares, the short-interest ratio is currently 0.0 days.
City Developments Price Performance
OTCMKTS:CDEVY opened at $4.52 on Friday. City Developments has a twelve month low of $4.00 and a twelve month high of $5.67. The company’s 50 day moving average is $4.32 and its two-hundred day moving average is $4.54.
City Developments Increases Dividend
The company also recently announced a dividend, which will be paid on Friday, May 31st. Investors of record on Monday, May 6th will be given a $0.0523 dividend. This is an increase from City Developments’s previous dividend of $0.03. The ex-dividend date is Friday, May 3rd.
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.
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