British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) Stock Short Interest Rises 510.8%

British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY – Get Free Report) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 95,412 shares, a growth of 510.8% from the September 30th total of 15,622 shares. Based on an average trading volume of 43,295 shares, the short-interest ratio is currently 2.2 days. Approximately 0.0% of the shares of the stock are short sold.

British Land Stock Performance

British Land stock opened at $5.66 on Wednesday. British Land has a 1 year low of $4.50 and a 1 year high of $6.00. The firm has a 50 day moving average price of $5.50 and a 200 day moving average price of $5.40.

Analysts Set New Price Targets

BTLCY has been the topic of a number of recent research reports. Barclays restated an “overweight” rating on shares of British Land in a research report on Monday, August 24th. Morgan Stanley reissued an “overweight” rating on shares of British Land in a research report on Tuesday, September 1st. Jefferies Financial Group restated an “underperform” rating on shares of British Land in a research note on Wednesday, October 14th. Finally, Kepler Capital Markets cut British Land from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, British Land currently has a consensus rating of “Moderate Buy”.

View Our Latest Stock Report on British Land

British Land Company Profile

(Get Free Report)

British Land Company plc is a United Kingdom-based real estate investment and development company. The company owns, develops and manages commercial property, with a portfolio focused primarily on offices, retail parks, shopping centers and logistics-related assets.

Its activities include property development, asset management, leasing and investment management. British Land works with occupiers, retailers and other partners to create and operate mixed-use destinations, workplace campuses and retail-led properties.

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