LondonMetric Property Plc (OTCMKTS:LNSPF) Sees Large Decrease in Short Interest

LondonMetric Property Plc (OTCMKTS:LNSPF) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 37,200 shares, a decrease of 16.4% from the November 30th total of 44,500 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is currently 16.9 days.

LondonMetric Property Price Performance

LondonMetric Property stock remained flat at $2.26 during trading hours on Tuesday. LondonMetric Property has a 12 month low of $2.20 and a 12 month high of $2.75. The business has a fifty day moving average price of $2.42 and a 200 day moving average price of $2.54.

LondonMetric Property Company Profile

LondonMetric is a FTSE 250 REIT that owns one of the UK's leading listed logistics platforms alongside a grocery-led long income portfolio, with 17 million sq ft under management. It owns and manages desirable real estate that meets occupiers' demands, delivers reliable, repetitive and growing income-led returns and outperforms over the long term.