Icade (OTCMKTS:CDMGF) Short Interest Down 19.6% in December

Icade (OTCMKTS:CDMGF) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 47,700 shares, a decline of 19.6% from the December 15th total of 59,300 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 477.0 days.

Icade Price Performance

OTCMKTS:CDMGF remained flat at $22.23 during mid-day trading on Friday. Icade has a 52-week low of $22.23 and a 52-week high of $32.59. The company’s 50 day moving average is $25.09 and its 200-day moving average is $25.42.

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.