Short Interest in Land Securities Group Plc (OTCMKTS:LDSCY) Drops By 15.0%

Land Securities Group Plc (OTCMKTS:LDSCYGet Free Report) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 112,343 shares, a decrease of 15.0% from the December 31st total of 132,232 shares. Based on an average daily volume of 101,664 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily volume of 101,664 shares, the days-to-cover ratio is currently 1.1 days.

Land Securities Group Trading Down 1.1%

OTCMKTS:LDSCY opened at $9.04 on Monday. Land Securities Group has a 12 month low of $6.34 and a 12 month high of $9.31. The stock has a 50 day moving average of $8.42 and a two-hundred day moving average of $8.12.

Land Securities Group Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, January 26th. Investors of record on Monday, December 1st were paid a dividend of $0.0069 per share. This represents a yield of 412.0%. The ex-dividend date of this dividend was Friday, November 28th.

Analyst Upgrades and Downgrades

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

View Our Latest Analysis on Land Securities Group

Land Securities Group Company Profile

(Get Free Report)

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.

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