Short Interest in Icade (OTCMKTS:CDMGF) Decreases By 19.6%

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

Icade Stock Performance

Shares of Icade stock traded down $0.30 during midday trading on Thursday, hitting $23.20. The company had a trading volume of 210 shares, compared to its average volume of 155. Icade has a 12-month low of $22.23 and a 12-month high of $32.59. The company has a fifty day simple moving average of $24.01 and a 200 day simple moving average of $25.31.

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.