New World Development Co. (OTCMKTS:NDVLY) Sees Large Decrease in Short Interest

Market Beat
2026.03.15 14:16
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New World Development Co. (OTCMKTS:NDVLY) experienced a significant decrease in short interest, dropping 20.6% from 41,877 shares to 33,236 shares as of February 27th. The short-interest ratio is currently 6.9 days based on an average daily volume of 4,851 shares. The stock traded down 15.0% to $0.51, with a one-year low of $0.21 and a high of $0.80. The company, founded in 1970, focuses on property development and investment in Greater China and has diversified into infrastructure and services.