British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) Short Interest Update

British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 6,426 shares, a growth of 34.5% from the December 31st total of 4,777 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 24,649 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 24,649 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

Several brokerages have issued reports on BTLCY. Panmure Gordon upgraded British Land to a “buy” rating in a report on Tuesday, December 2nd. Morgan Stanley restated an “overweight” rating on shares of British Land in a report on Friday, December 5th. Finally, UBS Group upgraded British Land from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

British Land Stock Down 0.7%

Shares of OTCMKTS:BTLCY opened at $5.66 on Friday. The firm’s 50-day simple moving average is $5.36 and its 200-day simple moving average is $4.97. British Land has a fifty-two week low of $4.15 and a fifty-two week high of $5.73.

British Land Company Profile

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.