Land Securities Group Plc (OTCMKTS:LDSCY) Stock Short Interest Report for October

Land Securities Group Plc (OTCMKTS:LDSCY) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 77,202 shares, a growth of 1,211.6% from the October 15th total of 5,886 shares. Based on an average trading volume of 176,517 shares, the short-interest ratio is currently 0.4 days.

Analysts Set New Price Targets

Several brokerages have recently weighed in on LDSCY. Jefferies Financial Group raised shares of Land Securities Group to a “hold” rating in a report on Wednesday, October 14th. Barclays reissued an “overweight” rating on shares of Land Securities Group in a report on Monday, August 24th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Land Securities Group Stock Performance

LDSCY stock traded down $0.06 during midday trading on Tuesday, hitting $9.15. 44,110 shares of the stock were exchanged, compared to its average volume of 106,666. The stock’s 50-day moving average price is $8.59 and its 200-day moving average price is $8.64. Land Securities Group has a fifty-two week low of $6.88 and a fifty-two week high of $9.98.

About Land Securities Group

Land Securities Group plc, known as Landsec, is a United Kingdom-based real estate company that develops, owns, manages and redevelops commercial and mixed-use property. Its portfolio has historically included offices, retail destinations, leisure facilities and urban neighborhoods. The company focuses primarily on property in London and other major UK cities. Its activities include creating new developments, operating retail and entertainment destinations, managing office buildings and delivering mixed-use projects that combine commercial, residential and public spaces.