British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) Short Interest Down 43.4% in December

British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 5,996 shares, a decline of 43.4% from the November 30th total of 10,592 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 22,146 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 22,146 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

British Land Price Performance

Shares of British Land stock opened at $5.35 on Friday. The stock has a 50-day simple moving average of $5.15 and a 200-day simple moving average of $4.91. British Land has a 52-week low of $4.13 and a 52-week high of $5.62. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.42.

Analyst Ratings Changes

Several research analysts have recently weighed in on BTLCY shares. UBS Group raised shares of British Land from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Morgan Stanley reissued an “overweight” rating on shares of British Land in a research report on Friday, December 5th. Finally, Panmure Gordon raised shares of British Land to a “buy” rating in a research report on Tuesday, December 2nd. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, British Land has a consensus rating of “Buy”.

About British Land

British Land Company plc is a leading real estate investment trust primarily focused on the ownership, development and management of UK commercial property. The company’s portfolio is centred on high-quality office and retail destinations in key urban locations, combining long-term holdings with active redevelopment projects. Its core business activities include leasing space to corporate and retail tenants, asset management, and undertaking new developments aimed at enhancing urban environments and driving sustainable value.

Founded in 1856 as the Land Mortgage and Agency Company, British Land adopted its current name in the 1970s as it expanded beyond mortgage lending into direct property investment.