British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) Short Interest Update

British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 10,877 shares, an increase of 69.3% from the January 15th total of 6,426 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 16,646 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 16,646 shares, the short-interest ratio is currently 0.7 days. Approximately 0.0% of the shares of the company are short sold.

British Land Stock Performance

Shares of OTCMKTS:BTLCY opened at $5.49 on Friday. The company’s fifty day moving average is $5.43 and its 200-day moving average is $5.02. British Land has a 52 week low of $4.15 and a 52 week high of $5.79.

Wall Street Analysts Forecast Growth

BTLCY has been the subject of a number of recent research reports. Morgan Stanley restated an “overweight” rating on shares of British Land in a research note on Friday, December 5th. UBS Group upgraded shares of British Land from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. Finally, Panmure Gordon upgraded shares of British Land to a “buy” rating in a research report on Tuesday, December 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy”.

British Land Company Profile

British Land Company plc is a leading real estate investment trust primarily focused on the ownership, development and management of UK commercial property. The company’s portfolio is centred on high-quality office and retail destinations in key urban locations, combining long-term holdings with active redevelopment projects. Its core business activities include leasing space to corporate and retail tenants, asset management, and undertaking new developments aimed at enhancing urban environments and driving sustainable value.

Founded in 1856 as the Land Mortgage and Agency Company, British Land adopted its current name in the 1970s as it expanded beyond mortgage lending into direct property investment.