Land Securities Group Plc (OTCMKTS:LDSCY) Stock Short Interest Report for October

Land Securities Group Plc (OTCMKTS:LDSCY) was the target of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 77,202 shares, a growth of 1,211.6% from the October 15th total of 5,886 shares. Based on an average daily trading volume, of 176,517 shares, the days-to-cover ratio is presently 0.4 days.

Analyst Ratings Changes

A number of research firms recently commented on LDSCY. Jefferies Financial Group raised shares of Land Securities Group to a “hold” rating in a research report on Wednesday, October 14th. Barclays reiterated an “overweight” rating on shares of Land Securities Group in a research note on Monday, August 24th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold”.

Land Securities Group Trading Down 0.7%

Shares of LDSCY stock traded down $0.06 during midday trading on Tuesday, hitting $9.15. The company had a trading volume of 44,110 shares, compared to its average volume of 106,666. The company’s 50 day simple moving average is $8.59 and its 200 day simple moving average is $8.64. Land Securities Group has a 52-week low of $6.88 and a 52-week high of $9.98.

About Land Securities Group

Land Securities Group plc, known as Landsec, is a United Kingdom-based real estate company that develops, owns, manages and redevelops commercial and mixed-use property. Its portfolio has historically included offices, retail destinations, leisure facilities and urban neighborhoods. The company focuses primarily on property in London and other major UK cities. Its activities include creating new developments, operating retail and entertainment destinations, managing office buildings and delivering mixed-use projects that combine commercial, residential and public spaces.