Short Interest in Land Securities Group Plc (OTCMKTS:LDSCY) Rises By 392.0%

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

Land Securities Group Stock Up 1.3%

Shares of OTCMKTS:LDSCY traded up $0.12 during midday trading on Monday, reaching $9.14. The company had a trading volume of 349,895 shares, compared to its average volume of 112,714. The stock’s fifty day moving average price is $8.51 and its 200-day moving average price is $8.42. Land Securities Group has a one year low of $6.88 and a one year high of $9.49.

Land Securities Group Company Profile

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.