Short Interest in Land Securities Group Plc (OTCMKTS:LDSCY) Increases By 104.6%

Land Securities Group Plc (OTCMKTS:LDSCY) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 238,678 shares, an increase of 104.6% from the April 30th total of 116,684 shares. Based on an average trading volume of 237,734 shares, the short-interest ratio is presently 1.0 days.

Land Securities Group Stock Performance

Land Securities Group stock traded down $0.05 during trading hours on Monday, reaching $8.50. 127,649 shares of the company’s stock traded hands, compared to its average volume of 103,731. Land Securities Group has a fifty-two week low of $6.88 and a fifty-two week high of $9.49. The firm’s 50 day moving average is $7.93 and its 200-day moving average is $8.29.

Land Securities Group Company Profile

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.