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

Icade (OTCMKTS:CDMGF) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 2,000 shares, a decrease of 50.0% from the September 30th total of 4,000 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 20.0 days.

Icade Stock Performance

CDMGF remained flat at $29.00 during trading on Friday. 6 shares of the company traded hands, compared to its average volume of 853. The firm’s 50 day moving average price is $26.81 and its two-hundred day moving average price is $26.87. Icade has a one year low of $22.28 and a one year high of $37.00.

Icade Company Profile

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.