BAHAMAS DEVELOPMENT CORPORATION (OTCMKTS:BDCI) Could Burn Your Long Portfolio After More Shorts

May 17, 2018 - By Jeanette Kaplan

The stock of BAHAMAS DEVELOPMENT CORPORATION (OTCMKTS:BDCI) registered an increase of 3400% in short interest. BDCI’s total short interest was 206,500 shares in May as published by FINRA. Its up 3400% from 5,900 shares, reported previously.

The stock increased 6.76% or $0.0049 during the last trading session, reaching $0.0774. About 3.41 million shares traded or 24.59% up from the average. Bahamas Development Corporation (OTCMKTS:BDCI) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Bahamas Development Corporation provides consulting and business recruiting services that gets manufacturing, agricultural, medical tourism, and other opportunities to the Bahamas. The company has market cap of $. It provides bottled water; and imports and sells souvenirs for tourists. It currently has negative earnings. The Company’s opportunities include development of light manufacturing and agricultural businesses.

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