Derwent London Plc (OTCMKTS:DWVYF) Short Interest Down 24.0% in June

Derwent London Plc (OTCMKTS:DWVYF) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 91,100 shares, a decline of 24.0% from the May 31st total of 119,900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 911.0 days.

Derwent London Stock Performance

DWVYF stock remained flat at $29.30 during midday trading on Friday. 20 shares of the company’s stock traded hands, compared to its average volume of 24. Derwent London has a 12-month low of $23.50 and a 12-month high of $29.30. The business has a 50-day moving average price of $25.78 and a 200-day moving average price of $26.03.

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.