LondonMetric Property Plc (OTCMKTS:LNSPF – Get Free Report) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 2,344 shares, a decline of 89.7% from the September 15th total of 22,683 shares. Based on an average daily volume of 19 shares, the days-to-cover ratio is presently 123.4 days.
LondonMetric Property Stock Performance
LNSPF remained flat at $2.32 on Friday. LondonMetric Property has a 52-week low of $2.24 and a 52-week high of $2.99. The firm has a 50 day moving average of $2.48 and a 200-day moving average of $2.51.
LondonMetric Property Company Profile
LondonMetric Property plc is a United Kingdom-focused real estate investment company that owns, manages and develops commercial property. The company is organized as a real estate investment trust and focuses on property that can generate recurring rental income over the long term.
Its portfolio is primarily concentrated in logistics and distribution facilities, including warehouses and last-mile delivery properties. LondonMetric also invests in convenience-led retail, retail parks, supermarkets and other commercial assets supported by everyday consumer demand.
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