Icade (OTCMKTS:CDMGF) Sees Significant Decline in Short Interest

Icade (OTCMKTS:CDMGF) was the recipient of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 230,200 shares, a decrease of 14.6% from the March 31st total of 269,700 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 2,302.0 days.

Icade Stock Performance

Shares of CDMGF stock remained flat at $27.00 during trading hours on Tuesday. The firm’s 50-day moving average is $28.02 and its two-hundred day moving average is $32.19. Icade has a fifty-two week low of $27.00 and a fifty-two week high of $47.14.

About Icade

Icade is a full-service real estate company with expertise in both commercial property investment (portfolio worth 6.8bn on a full consolidation basis as of 12/31/2023) and property development (2023 economic revenue of 1.3bn) that operates throughout France. Icade has forged longterm partnerships to respond to emerging trends in the industry.