Derwent London Plc (OTCMKTS:DWVYF) Short Interest Update

Derwent London Plc (OTCMKTS:DWVYFGet Free Report) was the recipient of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 254,400 shares, an increase of 32.1% from the January 31st total of 192,600 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 508.8 days.

Derwent London Stock Performance

Derwent London stock remained flat at $24.53 during mid-day trading on Monday. Derwent London has a 1-year low of $23.50 and a 1-year high of $27.29. The stock has a fifty day simple moving average of $26.46 and a two-hundred day simple moving average of $25.53.

Derwent London Company Profile

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Derwent London plc owns 66 buildings in a commercial real estate portfolio predominantly in central London valued at £5.2 billion as at 30 June 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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