Icade (OTCMKTS:CDMGF) Short Interest Update

Icade (OTCMKTS:CDMGF) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 59,300 shares, a growth of 26.7% from the November 30th total of 46,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 593.0 days.

Icade Price Performance

Shares of CDMGF stock remained flat at $22.23 during trading on Friday. The company’s 50 day simple moving average is $26.98 and its 200 day simple moving average is $26.17. Icade has a one year low of $22.23 and a one year high of $32.59.

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.