Land Securities Group Plc (OTCMKTS:LDSCY) Short Interest Update

Land Securities Group Plc (OTCMKTS:LDSCY) saw a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 143,203 shares, a decrease of 21.6% from the January 29th total of 182,683 shares. Based on an average trading volume of 144,962 shares, the days-to-cover ratio is presently 1.0 days. Based on an average trading volume of 144,962 shares, the days-to-cover ratio is presently 1.0 days.

Wall Street Analyst Weigh In

Separately, Panmure Gordon downgraded shares of 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, the company has an average rating of “Hold”.

Land Securities Group Price Performance

OTCMKTS:LDSCY traded down $0.57 during midday trading on Tuesday, hitting $8.28. The company’s stock had a trading volume of 32,108 shares, compared to its average volume of 60,877. The firm’s 50 day moving average is $8.82 and its 200-day moving average is $8.31. 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.