Derwent London Plc (OTCMKTS:DWVYF) Sees Large Increase in Short Interest

Derwent London Plc (OTCMKTS:DWVYF) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 180,900 shares, an increase of 22.9% from the August 15th total of 147,200 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 1,809.0 days.

Derwent London Stock Performance

Shares of OTCMKTS DWVYF opened at $30.30 on Tuesday. Derwent London has a 12-month low of $23.50 and a 12-month high of $30.30. The firm’s 50-day simple moving average is $29.64 and its 200 day simple moving average is $27.17.

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.