--- title: "New World Development Co. (OTCMKTS:NDVLY) Sees Large Decrease in Short Interest" type: "News" locale: "en" url: "https://longbridge.com/en/news/279160322.md" description: "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." datetime: "2026-03-15T14:16:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279160322.md) - [en](https://longbridge.com/en/news/279160322.md) - [zh-HK](https://longbridge.com/zh-HK/news/279160322.md) --- # New World Development Co. (OTCMKTS:NDVLY) Sees Large Decrease in Short Interest New World Development Co. (OTCMKTS:NDVLY - Get Free Report) was the recipient of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 33,236 shares, a decline of 20.6% from the February 12th total of 41,877 shares. Based on an average trading volume of 4,851 shares, the short-interest ratio is presently 6.9 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 4,851 shares, the short-interest ratio is presently 6.9 days. Get **New World Development** alerts: ## New World Development Trading Down 15.0% Shares of NDVLY stock traded down $0.09 during mid-day trading on Friday, reaching $0.51. The stock had a trading volume of 2,253 shares, compared to its average volume of 2,493. New World Development has a one year low of $0.21 and a one year high of $0.80. The firm's 50 day simple moving average is $0.58 and its 200 day simple moving average is $0.48. The company has a debt-to-equity ratio of 0.70, a current ratio of 4.89 and a quick ratio of 4.89. ## About New World Development (Get Free Report) New World Development Company Limited is a Hong Kong–based conglomerate founded in 1970 by Dr. Cheng Yu-Tung. The company's core business lies in property development and investment, encompassing residential, commercial and retail projects. Through its flagship developments and joint ventures, New World Development has established a reputation for large-scale mixed-use complexes, premium office towers and luxury residential communities in Greater China and beyond. Beyond property, New World Development has diversified into infrastructure and services via its listed subsidiary, NWS Holdings. ## Featured Articles - Five stocks we like better than New World Development - The gold chart Wall Street is terrified of… - Elon Musk already made me a “wealthy man” - Silver paying 20% dividend. Plus 68% share gains - Unlocked: Elon Musk’s Next Big IPO - A personal warning from Martin Weiss (Please read) _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in New World Development Right Now? Before you consider New World Development, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. 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