Land Securities Group Plc (OTCMKTS:LDSCY) Short Interest Update

Land Securities Group Plc (OTCMKTS:LDSCY) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totaling 132,232 shares, a growth of 93.9% from the December 15th total of 68,213 shares. Based on an average daily volume of 84,712 shares, the days-to-cover ratio is presently 1.6 days. Based on an average daily volume of 84,712 shares, the days-to-cover ratio is presently 1.6 days.

Wall Street Analysts Forecast Growth

Separately, Panmure Gordon cut Land Securities Group to a “hold” rating in a research note on Thursday. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold”.

Land Securities Group Price Performance

Land Securities Group stock opened at $8.71 on Friday. Land Securities Group has a one year low of $6.34 and a one year high of $9.31. The company’s fifty day moving average price is $8.27 and its two-hundred day moving average price is $8.06.

Land Securities Group Announces Dividend

The business also recently disclosed a dividend, which will be paid on Monday, January 26th. Stockholders of record on Monday, December 1st will be issued a dividend of $0.0069 per share. The ex-dividend date of this dividend is Friday, November 28th. This represents a dividend yield of 412.0%.

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.