Short Interest in British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) Rises By 29.7%

British Land Company PLC Sponsored ADR (OTCMKTS:BTLCYGet Free Report) saw a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 14,106 shares, an increase of 29.7% from the January 29th total of 10,877 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 22,441 shares, the short-interest ratio is presently 0.6 days. Based on an average daily trading volume, of 22,441 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the shares of the company are sold short.

British Land Trading Down 3.9%

Shares of BTLCY stock opened at $5.12 on Wednesday. British Land has a 1 year low of $4.15 and a 1 year high of $5.79. The business’s fifty day moving average is $5.50 and its 200-day moving average is $5.09.

Analyst Ratings Changes

BTLCY has been the topic of several analyst reports. Panmure Gordon upgraded British Land to a “buy” rating in a research report on Tuesday, December 2nd. Morgan Stanley reissued an “overweight” rating on shares of British Land in a research note on Friday, December 5th. Finally, UBS Group upgraded shares of British Land from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Check Out Our Latest Report on British Land

About British Land

(Get Free Report)

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.

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