Derwent London Plc (OTCMKTS:DWVYF – Get Free Report) saw a large growth in short interest in November. As of November 30th, there was short interest totalling 121,100 shares, a growth of 6.4% from the November 15th total of 113,800 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is currently 302.8 days.
Derwent London Stock Performance
DWVYF stock remained flat at $26.90 on Monday. Derwent London has a 52 week low of $24.53 and a 52 week high of $30.30. The business’s 50 day moving average price is $28.93 and its 200 day moving average price is $29.14.
Analyst Ratings Changes
Separately, Citigroup upgraded shares of Derwent London to a “hold” rating in a research note on Thursday, October 3rd.
About Derwent London
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.
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