Land Securities Group Plc (OTCMKTS:LDSCY) Sees Significant Growth in Short Interest

Land Securities Group Plc (OTCMKTS:LDSCY) saw a large growth in short interest in November. As of November 30th, there was short interest totalling 9,400 shares, a growth of 2,250.0% from the November 15th total of 400 shares. Based on an average trading volume of 36,900 shares, the short-interest ratio is presently 0.3 days.

Land Securities Group Price Performance

Shares of OTCMKTS LDSCY traded up $0.44 during mid-day trading on Thursday, hitting $7.70. The company had a trading volume of 4,673 shares, compared to its average volume of 6,063. The firm has a 50-day simple moving average of $8.07 and a two-hundred day simple moving average of $8.30. Land Securities Group has a one year low of $7.16 and a one year high of $10.05.

Land Securities Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, January 23rd. Stockholders of record on Friday, November 29th will be issued a $0.0712 dividend. The ex-dividend date is Friday, November 29th.

About Land Securities Group

At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential. We are one of the largest real estate companies in Europe, with a £12 billion portfolio of retail, leisure, workspace and residential hubs. Landsec is shaping a better future by leading our industry on environmental and social sustainability while delivering value for our shareholders, great experiences for our guests and positive change for our communities.