Short Interest in Land Securities Group Plc (OTCMKTS:LDSCY) Declines By 88.2%

Land Securities Group Plc (OTCMKTS:LDSCY) was the target of a significant decline in short interest in March. As of March 13th, there was short interest totaling 4,118 shares, a decline of 88.2% from the February 26th total of 34,878 shares. Based on an average daily volume of 186,056 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 186,056 shares, the short-interest ratio is currently 0.0 days.

Land Securities Group Stock Performance

OTCMKTS LDSCY traded down $0.18 on Tuesday, reaching $7.16. 199,308 shares of the company were exchanged, compared to its average volume of 82,822. The business’s fifty day moving average price is $8.63 and its 200 day moving average price is $8.33. Land Securities Group has a fifty-two week low of $6.34 and a fifty-two week high of $9.49.

Analyst Ratings Changes

Separately, Panmure Gordon lowered shares of Land Securities Group to a “hold” rating in a research note 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”.

About Land Securities Group

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.