Land Securities Group PLC (OTCMKTS:LSGOF) Sees Significant Increase in Short Interest

Land Securities Group PLC (OTCMKTS:LSGOF) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 3,492,141 shares, an increase of 215.0% from the September 15th total of 1,108,745 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily volume of 99 shares, the short-interest ratio is currently 35,274.2 days.

Land Securities Group Stock Performance

Shares of LSGOF opened at $8.15 on Wednesday. Land Securities Group has a fifty-two week low of $7.04 and a fifty-two week high of $9.72. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.57. The company’s fifty day moving average is $9.07 and its two-hundred day moving average is $8.62.

Land Securities Group Company Profile

Land Securities Group plc, commonly known as Landsec, is a United Kingdom-based real estate company that develops, owns and manages commercial and mixed-use property. Its activities include office buildings, retail destinations, leisure facilities and large-scale urban neighborhoods.

The company’s portfolio is concentrated primarily in London and other major areas of the United Kingdom. Landsec works across the property lifecycle, including development, asset management, leasing and the operation of properties for business, retail and leisure occupiers.