Land Securities Group Plc (OTCMKTS:LDSCY) Sees Significant Decline in Short Interest

Land Securities Group Plc (OTCMKTS:LDSCY) saw a significant drop in short interest in November. As of November 15th, there was short interest totalling 400 shares, a drop of 66.7% from the October 31st total of 1,200 shares. Based on an average daily volume of 8,900 shares, the days-to-cover ratio is presently 0.0 days.

Land Securities Group Price Performance

LDSCY traded up $0.08 on Wednesday, hitting $8.35. The company had a trading volume of 4,297 shares, compared to its average volume of 5,126. The stock has a fifty day moving average price of $8.37 and a 200-day moving average price of $8.35. Land Securities Group has a 12-month low of $7.16 and a 12-month high of $10.05.

Land Securities Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, January 23rd. Investors of record on Friday, November 29th will be given a dividend of $0.0712 per share. The ex-dividend date is Friday, November 29th.

Land Securities Group Company Profile

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.