Icade (OTCMKTS:CDMGF) Sees Large Decline in Short Interest

Icade (OTCMKTS:CDMGF) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totalling 2,800 shares, a decrease of 96.7% from the August 31st total of 83,900 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Icade Stock Performance

Shares of Icade stock remained flat at $31.00 during trading hours on Friday. Icade has a fifty-two week low of $22.28 and a fifty-two week high of $37.00. The company has a fifty day moving average price of $23.78 and a two-hundred day moving average price of $26.54.

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.