Land Securities Group Plc (OTCMKTS:LDSCY) Short Interest Down 88.2% in March

Land Securities Group Plc (OTCMKTS:LDSCY) was the recipient of a large decrease in short interest in March. As of March 13th, there was short interest totaling 4,118 shares, a decrease of 88.2% from the February 26th total of 34,878 shares. Based on an average daily volume of 186,056 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 186,056 shares, the short-interest ratio is presently 0.0 days.

Land Securities Group Stock Up 2.0%

Shares of Land Securities Group stock traded up $0.14 during trading hours on Wednesday, hitting $7.30. 49,065 shares of the company’s stock traded hands, compared to its average volume of 81,502. Land Securities Group has a twelve month low of $6.34 and a twelve month high of $9.49. The stock has a 50 day simple moving average of $8.63 and a 200-day simple moving average of $8.33.

Analyst Ratings Changes

Separately, Panmure Gordon downgraded Land Securities Group to a “hold” rating in a research report on Thursday, January 15th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Land Securities Group currently has an average rating of “Hold”.

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.