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

Derwent London Plc (OTCMKTS:DWVYF) saw a large increase in short interest in August. As of August 15th, there was short interest totalling 147,200 shares, an increase of 56.1% from the July 31st total of 94,300 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 1,472.0 days.

Derwent London Stock Performance

DWVYF stock remained flat at $30.30 during midday trading on Friday. The firm’s fifty day moving average is $29.44 and its two-hundred day moving average is $26.73. Derwent London has a fifty-two week low of $23.50 and a fifty-two week high of $30.30.

Derwent London Company Profile

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.