Land Securities Group Plc (OTCMKTS:LDSCY) Sees Significant Growth in Short Interest

Land Securities Group Plc (OTCMKTS:LDSCY) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 210,563 shares, a growth of 392.0% from the June 15th total of 42,798 shares. Based on an average daily volume of 192,987 shares, the short-interest ratio is presently 1.1 days.

Land Securities Group Stock Performance

Shares of Land Securities Group stock traded up $0.06 during trading on Friday, hitting $9.02. The stock had a trading volume of 61,423 shares, compared to its average volume of 110,958. Land Securities Group has a 1 year low of $6.88 and a 1 year high of $9.49. The stock has a 50 day simple moving average of $8.51 and a 200 day simple moving average of $8.42.

About Land Securities Group

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.