Land Securities Group Plc (OTCMKTS:LDSCY) Short Interest Update

Land Securities Group Plc (OTCMKTS:LDSCY) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 42,798 shares, a drop of 88.3% from the May 31st total of 365,250 shares. Based on an average trading volume of 359,013 shares, the short-interest ratio is presently 0.1 days.

Land Securities Group Trading Down 0.9%

LDSCY traded down $0.08 on Friday, hitting $8.67. The company had a trading volume of 48,928 shares, compared to its average volume of 112,366. The business’s fifty day simple moving average is $8.38 and its 200 day simple moving average is $8.36. Land Securities Group has a 12-month low of $6.88 and a 12-month high of $9.49.

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.