LondonMetric Property Plc (OTCMKTS:LNSPF – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 22,683 shares, an increase of 65.4% from the August 31st total of 13,715 shares. Based on an average trading volume of 737 shares, the short-interest ratio is presently 30.8 days.
LondonMetric Property Stock Performance
Shares of LNSPF stock remained flat at $2.38 during midday trading on Wednesday. The company’s stock had a trading volume of 33 shares, compared to its average volume of 3,239. The stock has a 50-day simple moving average of $2.51 and a 200 day simple moving average of $2.53. LondonMetric Property has a one year low of $2.24 and a one year high of $2.99.
LondonMetric Property Company Profile
LondonMetric Property plc is a United Kingdom-focused real estate investment company that owns, manages and develops commercial property. The company is organized as a real estate investment trust and focuses on property that can generate recurring rental income over the long term.
Its portfolio is primarily concentrated in logistics and distribution facilities, including warehouses and last-mile delivery properties. LondonMetric also invests in convenience-led retail, retail parks, supermarkets and other commercial assets supported by everyday consumer demand.
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