Short Interest in Land Securities Group Plc (OTCMKTS:LDSCY) Decreases By 57.1%

Land Securities Group Plc (OTCMKTS:LDSCY) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 26,700 shares, a decrease of 57.1% from the February 28th total of 62,200 shares. Based on an average daily trading volume, of 215,000 shares, the days-to-cover ratio is currently 0.1 days.

Land Securities Group Stock Up 1.6 %

LDSCY traded up $0.11 on Friday, hitting $7.10. The company had a trading volume of 33,082 shares, compared to its average volume of 79,268. The company’s fifty day moving average price is $7.40 and its 200 day moving average price is $7.79. Land Securities Group has a 1-year low of $6.51 and a 1-year high of $9.46.

Land Securities Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, April 28th. Investors of record on Friday, February 21st will be issued a dividend of $0.0709 per share. The ex-dividend date of this dividend is Friday, February 21st.

About Land Securities Group

At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential. We are one of the largest real estate companies in Europe, with a £12 billion portfolio of retail, leisure, workspace and residential hubs. Landsec is shaping a better future by leading our industry on environmental and social sustainability while delivering value for our shareholders, great experiences for our guests and positive change for our communities.