Derwent London Plc (OTCMKTS:DWVYF) Short Interest Update

Derwent London Plc (OTCMKTS:DWVYF - Get Free Report) was the recipient of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 183,500 shares, a drop of 41.6% from the March 31st total of 314,200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 1,835.0 days. Approximately 0.2% of the shares of the stock are short sold.

Derwent London Stock Performance

Shares of OTCMKTS:DWVYF remained flat at $22.90 on Friday. The stock has a fifty day moving average price of $23.66 and a two-hundred day moving average price of $25.56. Derwent London has a 1 year low of $22.90 and a 1 year high of $30.30.

Derwent London Company Profile

Derwent London plc owns 66 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion as at 31 December 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.