Short Interest in Land Securities Group Plc (OTCMKTS:LDSCY) Decreases By 21.6%

Land Securities Group Plc (OTCMKTS:LDSCY) was the recipient of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 143,203 shares, a decline of 21.6% from the January 29th total of 182,683 shares. Based on an average daily volume of 144,962 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily volume of 144,962 shares, the days-to-cover ratio is presently 1.0 days.

Analyst Upgrades and Downgrades

Separately, Panmure Gordon cut Land Securities Group to a “hold” rating in a report on Thursday, January 15th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Land Securities Group has a consensus rating of “Hold”.

Land Securities Group Trading Down 5.1%

LDSCY stock opened at $8.40 on Wednesday. Land Securities Group has a twelve month low of $6.34 and a twelve month high of $9.49. The firm’s fifty day simple moving average is $8.82 and its two-hundred day simple moving average is $8.31.

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.