Short Interest in Land Securities Group Plc (OTCMKTS:LDSCY) Declines By 88.2%

Land Securities Group Plc (OTCMKTS:LDSCY) saw a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 4,118 shares, a drop of 88.2% from the February 26th total of 34,878 shares. Based on an average trading volume of 186,056 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 186,056 shares, the short-interest ratio is currently 0.0 days.

Land Securities Group Trading Down 2.5%

Land Securities Group stock traded down $0.18 during mid-day trading on Tuesday, hitting $7.16. The company had a trading volume of 199,308 shares, compared to its average volume of 82,822. Land Securities Group has a 12-month low of $6.34 and a 12-month high of $9.49. The company’s fifty day moving average is $8.63 and its 200-day moving average is $8.33.

Wall Street Analysts Forecast Growth

Separately, Panmure Gordon downgraded Land Securities Group to a “hold” rating in a research note on Thursday, January 15th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, Land Securities Group has an average rating of “Hold”.

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.