British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) Short Interest Up 136.1% in August

British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 8,214 shares, an increase of 136.1% from the August 15th total of 3,479 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 7,957 shares, the short-interest ratio is presently 1.0 days.

British Land Price Performance

Shares of OTCMKTS:BTLCY opened at $5.34 on Monday. The business has a fifty day moving average of $5.73 and a 200-day moving average of $5.37. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.32 and a current ratio of 0.32. British Land has a twelve month low of $4.45 and a twelve month high of $6.00.

Wall Street Analysts Forecast Growth

BTLCY has been the subject of several analyst reports. Barclays restated an “overweight” rating on shares of British Land in a research report on Monday, August 24th. Morgan Stanley reiterated an “overweight” rating on shares of British Land in a research note on Tuesday, September 1st. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

About British Land

British Land Company plc is a United Kingdom-based real estate investment and development company. It owns, manages and develops commercial property, with activities spanning offices, retail destinations, logistics facilities and mixed-use developments.

The company’s portfolio is primarily focused on London, including major office and mixed-use locations such as Broadgate and Paddington Central, as well as retail parks, shopping centres and urban logistics properties in London and across regional UK markets.