Derwent London Plc (OTCMKTS:DWVYF) Short Interest Update

Derwent London Plc (OTCMKTS:DWVYF) saw a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 113,800 shares, a growth of 1,896.5% from the October 31st total of 5,700 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 1,138.0 days.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded shares of Derwent London to a “hold” rating in a research report on Thursday, October 3rd.

Derwent London Trading Down 8.5 %

DWVYF opened at $26.90 on Friday. The stock has a 50-day moving average of $29.82 and a 200 day moving average of $28.89. Derwent London has a 12 month low of $24.53 and a 12 month 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.