LondonMetric Property Plc (OTCMKTS:LNSPF) Short Interest Up 41.0% in May

LondonMetric Property Plc (OTCMKTS:LNSPF) was the target of a large growth in short interest in May. As of May 31st, there was short interest totalling 45,400 shares, a growth of 41.0% from the May 15th total of 32,200 shares. Based on an average daily trading volume, of 1,200 shares, the short-interest ratio is presently 37.8 days.

LondonMetric Property Price Performance

LNSPF remained flat at $2.72 on Monday. The company’s 50 day moving average is $2.53 and its 200 day moving average is $2.37. LondonMetric Property has a 12 month low of $2.14 and a 12 month high of $2.75.

About LondonMetric Property

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.