LondonMetric Property Plc (OTCMKTS:LNSPF) Short Interest Up 41.0% in May

LondonMetric Property Plc (OTCMKTS:LNSPF) was the target of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 45,400 shares, a growth of 41.0% from the May 15th total of 32,200 shares. Based on an average daily trading volume, of 1,200 shares, the days-to-cover ratio is presently 37.8 days.

LondonMetric Property Stock Performance

Shares of LNSPF remained flat at $2.72 during midday trading on Monday. The stock has a fifty day simple moving average of $2.53 and a 200-day simple moving average of $2.37. LondonMetric Property has a 12-month low of $2.14 and a 12-month high of $2.75.

About LondonMetric Property

LondonMetric is a FTSE 250 REIT that owns one of the UK's leading listed logistics platforms alongside a grocery-led long income portfolio, with 17 million sq ft under management. It owns and manages desirable real estate that meets occupiers' demands, delivers reliable, repetitive and growing income-led returns and outperforms over the long term.