Land Securities Group Plc (OTCMKTS:LDSCY) Stock Short Interest Declines 85.5%

Land Securities Group Plc (OTCMKTS:LDSCY) saw a significant decrease in short interest in September. As of September 15th, there was short interest totaling 9,232 shares, a decrease of 85.5% from the August 31st total of 63,508 shares. Based on an average trading volume of 194,910 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, Barclays reiterated an “overweight” rating on shares of Land Securities Group in a report on Monday, August 24th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Land Securities Group currently has an average rating of “Moderate Buy”.

Land Securities Group Price Performance

LDSCY stock opened at $8.15 on Friday. Land Securities Group has a 1 year low of $6.88 and a 1 year high of $9.98. The firm has a 50-day moving average of $9.23 and a 200 day moving average of $8.58.

About Land Securities Group

Land Securities Group plc, commonly known as Landsec, is a United Kingdom-based property development and investment company. The group owns, develops and manages commercial and mixed-use real estate, with activities spanning offices, retail destinations, leisure venues and urban neighborhoods.

Landsec’s portfolio is concentrated primarily in London and other major locations across the United Kingdom. Its projects typically combine workplaces, shops, restaurants, cultural and leisure facilities, public spaces, and residential or hospitality uses, reflecting the company’s focus on creating large-scale, mixed-use destinations.

Founded in 1944, Landsec has developed into one of the UK’s prominent commercial property groups.