Land Securities Group PLC (OTCMKTS:LSGOF) Short Interest Update

Land Securities Group PLC (OTCMKTS:LSGOF) saw a significant decrease in short interest in June. As of June 30th, there was short interest totaling 416,515 shares, a decrease of 38.3% from the June 15th total of 675,261 shares. Based on an average daily trading volume, of 151 shares, the short-interest ratio is currently 2,758.4 days. Approximately 0.1% of the company’s shares are sold short.

Land Securities Group Price Performance

LSGOF stock opened at $8.90 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.57. The firm has a 50 day moving average price of $8.46 and a 200-day moving average price of $8.46. Land Securities Group has a 52-week low of $7.04 and a 52-week high of $9.35.

Analyst Ratings Changes

Several research firms have weighed in on LSGOF. Jefferies Financial Group cut Land Securities Group from a “moderate sell” rating to a “strong sell” rating in a research report on Thursday, April 30th. The Goldman Sachs Group raised Land Securities Group from a “hold” rating to a “strong-buy” rating in a research report on Sunday, March 29th. One research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Land Securities Group Company Profile

Land Securities Group (OTCMKTS:LSGOF), commonly known as Landsec, is one of the United Kingdom’s largest commercial property development and investment companies. The firm specializes in the acquisition, development, and management of a diversified real estate portfolio, which spans office spaces, retail centres, leisure venues and residential projects. Landsec’s integrated approach combines property investment with active asset and estate management, aiming to enhance value through strategic redevelopment and sustainable building practices.

Landsec’s portfolio is concentrated primarily in key urban markets across the UK, with a particular focus on central London, major regional towns and cities.