Cromwell Property Group (OTCMKTS:CMWCF) Sees Significant Growth in Short Interest

Cromwell Property Group (OTCMKTS:CMWCF) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 53,806 shares, an increase of 788.8% from the September 30th total of 6,054 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Cromwell Property Group Stock Performance

Shares of Cromwell Property Group stock opened at $0.27 on Thursday. Cromwell Property Group has a 52 week low of $0.25 and a 52 week high of $0.27. The company’s 50-day moving average price is $0.27 and its two-hundred day moving average price is $0.26.

Cromwell Property Group Company Profile

Cromwell Property Group is an Australian real estate investment and funds management company. The group invests in, develops and manages commercial property, with a focus on assets such as office, industrial, logistics, retail and other specialized real estate.

Through its investment vehicles and property funds, Cromwell provides property ownership, asset management and investment management services for institutional and other investors. Its activities may include acquiring and disposing of properties, managing tenant relationships, overseeing developments and improving the operational performance of real estate assets.

Founded in Australia in 1998, Cromwell Property Group has historically maintained a broad international presence spanning Australia, New Zealand and Europe.