Land Securities Group Plc (OTCMKTS:LDSCY) Short Interest Down 88.3% in June

Land Securities Group Plc (OTCMKTS:LDSCY) saw a large decline in short interest in June. As of June 15th, there was short interest totaling 42,798 shares, a decline of 88.3% from the May 31st total of 365,250 shares. Based on an average daily volume of 359,013 shares, the short-interest ratio is currently 0.1 days.

Land Securities Group Stock Performance

Shares of OTCMKTS:LDSCY traded up $0.02 on Friday, reaching $8.77. 1,290 shares of the company were exchanged, compared to its average volume of 111,968. The company has a 50-day moving average of $8.37 and a 200-day moving average of $8.36. Land Securities Group has a 1-year low of $6.88 and a 1-year high of $9.49.

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.