Icade (OTCMKTS:CDMGF) Short Interest Up 2,373.7% in November

Icade (OTCMKTS:CDMGF) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 47,000 shares, a growth of 2,373.7% from the October 31st total of 1,900 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 235.0 days.

Icade Price Performance

Shares of OTCMKTS CDMGF opened at $29.00 on Thursday. Icade has a 12-month low of $22.28 and a 12-month high of $37.00. The stock’s 50 day simple moving average is $29.44 and its 200 day simple moving average is $27.14.

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.