New World Development Company Limited (OTCMKTS:NDVLY - Get Free Report) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totalling 100 shares, a decrease of 93.3% from the April 30th total of 1,500 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 7,400 shares, the short-interest ratio is currently 0.0 days.
New World Development Price Performance
New World Development stock traded down $0.01 during mid-day trading on Monday, reaching $0.33. The company had a trading volume of 32,062 shares, compared to its average volume of 9,003. New World Development has a 52 week low of $0.21 and a 52 week high of $0.69. The company has a 50 day moving average of $0.31 and a 200-day moving average of $0.34.
About New World Development
(
Get Free Report)
New World Development Company Limited, an investment holding company, operates in the property development and investment business in Hong Kong and Mainland China. Its property portfolio includes residential, retail, office, and industrial properties. The company also provides commercial aircraft leasing services; operates expressways; and constructs residential and commercial projects, as well as whole life, term, dread disease, medical, disability, and accident insurance products.
Further Reading
Before you consider New World Development, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and New World Development wasn't on the list.
While New World Development currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
