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

Land Securities Group Plc (OTCMKTS:LDSCY) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 5,886 shares. Based on an average daily volume of 348,336 shares, the short-interest ratio is presently 0.0 days.

Land Securities Group Stock Up 0.7%

Shares of OTCMKTS LDSCY traded up $0.06 during mid-day trading on Friday, reaching $8.98. 97,139 shares of the company’s stock traded hands, compared to its average volume of 108,413. The business has a 50-day simple moving average of $8.63 and a 200 day simple moving average of $8.62. Land Securities Group has a 1-year low of $6.88 and a 1-year high of $9.98.

Analysts Set New Price Targets

LDSCY has been the topic of several recent research reports. Jefferies Financial Group upgraded Land Securities Group to a “hold” rating in a report on Wednesday, October 14th. Barclays restated 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 two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

About Land Securities Group

Land Securities Group plc, commonly known as Landsec, is a United Kingdom-based commercial property company. It owns, develops, and manages a diversified portfolio of office, retail, leisure, and mixed-use properties, with a particular focus on major urban locations.

The company’s activities include property investment, development, asset management, and the creation of mixed-use destinations that combine workplaces, shops, restaurants, entertainment venues, and residential accommodation.