Land Securities Group Plc (OTCMKTS:LDSCY) Short Interest Down 75.6% in February

Land Securities Group Plc (OTCMKTS:LDSCY) was the recipient of a significant drop in short interest in February. As of February 27th, there was short interest totaling 34,878 shares, a drop of 75.6% from the February 12th total of 143,203 shares. Based on an average daily volume of 122,896 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 122,896 shares, the short-interest ratio is currently 0.3 days.

Analyst Ratings Changes

Separately, Panmure Gordon downgraded 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, Land Securities Group currently has a consensus rating of “Hold”.

Land Securities Group Stock Performance

Land Securities Group stock remained flat at $8.00 during trading hours on Tuesday. 211,652 shares of the company’s stock were exchanged, compared to its average volume of 65,422. The stock has a 50 day moving average of $8.83 and a 200 day moving average of $8.33. Land Securities Group has a fifty-two week low of $6.34 and a fifty-two week high of $9.49.

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.