LondonMetric Property Plc (OTCMKTS:LNSPF) Short Interest Down 58.0% in December

LondonMetric Property Plc (OTCMKTS:LNSPF) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 105,069 shares, a drop of 58.0% from the November 30th total of 250,313 shares. Based on an average daily trading volume, of 10,026 shares, the short-interest ratio is currently 10.5 days. Based on an average daily trading volume, of 10,026 shares, the short-interest ratio is currently 10.5 days.

LondonMetric Property Price Performance

OTCMKTS:LNSPF remained flat at $2.44 during trading hours on Friday. LondonMetric Property has a 1-year low of $2.14 and a 1-year high of $2.80. The stock’s fifty day simple moving average is $2.50 and its 200 day simple moving average is $2.56.

LondonMetric Property Company Profile

LondonMetric Property PLC is a UK-based real estate investment trust (REIT) that specializes in the acquisition, management and development of distribution warehouses, retail parks and community retail assets. The company seeks properties with strong income characteristics and potential for asset enhancement through refurbishment, redevelopment or active leasing strategies. Its portfolio spans a range of sectors, including logistics facilities serving major e-commerce and retail clients, as well as supermarket-anchored retail parks and neighborhood retail schemes.

Established in 2007 through the merger of two specialist property companies, LondonMetric has grown its portfolio primarily across the United Kingdom and Ireland.