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

British Land Company PLC (OTCMKTS:BTLCY) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 13,500 shares, a decline of 37.8% from the February 28th total of 21,700 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 50,700 shares, the short-interest ratio is currently 0.3 days.

British Land Stock Up 3.2 %

Shares of OTCMKTS:BTLCY opened at $4.81 on Friday. The business has a 50-day moving average of $4.57 and a two-hundred day moving average of $4.96. British Land has a fifty-two week low of $4.13 and a fifty-two week high of $6.31.

Analyst Ratings Changes

BTLCY has been the subject of a number of research reports. Hsbc Global Res raised shares of British Land from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 3rd. The Goldman Sachs Group upgraded shares of British Land from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 9th. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy”.

British Land Company Profile

Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies.