Land Securities Group Plc (OTCMKTS:LDSCY – Get Free Report) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 26,700 shares, a drop of 57.1% from the February 28th total of 62,200 shares. Based on an average daily trading volume, of 215,000 shares, the days-to-cover ratio is presently 0.1 days.
Land Securities Group Price Performance
OTCMKTS:LDSCY opened at $7.10 on Friday. Land Securities Group has a fifty-two week low of $6.51 and a fifty-two week high of $9.46. The business has a 50 day moving average price of $7.40 and a 200-day moving average price of $7.79.
Land Securities Group Cuts Dividend
The company also recently declared a dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, February 21st will be given a dividend of $0.0709 per share. The ex-dividend date is Friday, February 21st.
About Land Securities Group
At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential. We are one of the largest real estate companies in Europe, with a £12 billion portfolio of retail, leisure, workspace and residential hubs. Landsec is shaping a better future by leading our industry on environmental and social sustainability while delivering value for our shareholders, great experiences for our guests and positive change for our communities.
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