Short Interest in Derwent London Plc (OTCMKTS:DWVYF) Grows By 41.0%

Derwent London Plc (OTCMKTS:DWVYF - Get Free Report) was the recipient of a significant increase in short interest in May. As of May 31st, there was short interest totalling 257,900 shares, an increase of 41.0% from the May 15th total of 182,900 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Derwent London Stock Performance

OTCMKTS DWVYF remained flat at $22.90 on Monday. The firm's fifty day simple moving average is $22.89 and its two-hundred day simple moving average is $24.20. Derwent London has a one year low of $22.90 and a one year high of $30.30.

Analyst Upgrades and Downgrades

DWVYF has been the topic of several research reports. The Goldman Sachs Group restated a "buy" rating on shares of Derwent London in a report on Monday, May 19th. Citigroup raised shares of Derwent London from a "hold" rating to a "strong-buy" rating in a report on Thursday, May 1st.

About Derwent London

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.

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