Short Interest in Land Securities Group Plc (OTCMKTS:LDSCY) Increases By 62.6%

Land Securities Group Plc (OTCMKTS:LDSCYGet Free Report) was the recipient of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 182,683 shares, an increase of 62.6% from the January 15th total of 112,343 shares. Based on an average daily volume of 120,557 shares, the short-interest ratio is currently 1.5 days. Based on an average daily volume of 120,557 shares, the short-interest ratio is currently 1.5 days.

Land Securities Group Stock Down 1.7%

OTCMKTS:LDSCY opened at $8.86 on Monday. The company has a 50-day moving average of $8.61 and a 200-day moving average of $8.21. Land Securities Group has a 52 week low of $6.34 and a 52 week high of $9.49.

Land Securities Group Announces Dividend

The business also recently declared a dividend, which was paid on Monday, January 26th. Investors of record on Monday, December 1st were paid a $0.0069 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a yield of 412.0%.

Wall Street Analysts Forecast Growth

Separately, Panmure Gordon downgraded Land Securities Group to a “hold” rating in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Land Securities Group has a consensus rating of “Hold”.

Check Out Our Latest Research Report on LDSCY

Land Securities Group Company Profile

(Get Free Report)

Land Securities Group plc, commonly known as Landsec, is a leading UK-based real estate investment trust focused on commercial property development, investment and management. The company’s portfolio spans retail destinations, office buildings, leisure complexes and mixed-use urban schemes. Landsec leverages its in-house expertise in asset management, leasing and property operations to optimize occupancy and enhance the customer experience across its holdings.

Landsec’s core activities include the development of purpose-built office spaces designed to meet evolving tenant requirements, the repositioning of underperforming retail assets and the creation of destination leisure and entertainment districts.

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