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

Land Securities Group Plc (OTCMKTS:LDSCY) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 210,563 shares, a growth of 392.0% from the June 15th total of 42,798 shares. Based on an average daily trading volume, of 192,987 shares, the days-to-cover ratio is presently 1.1 days.

Land Securities Group Stock Up 0.7%

Shares of LDSCY stock traded up $0.06 during trading hours on Friday, reaching $9.02. 61,423 shares of the company’s stock were exchanged, compared to its average volume of 110,958. The business has a fifty day moving average price of $8.51 and a 200-day moving average price of $8.42. Land Securities Group has a fifty-two week low of $6.88 and a fifty-two week high of $9.49.

Land Securities Group Company Profile

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.