Land Securities Group Plc (OTCMKTS:LDSCY) Sees Significant Growth in Short Interest

Land Securities Group Plc (OTCMKTS:LDSCY) was the target of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 9,400 shares, an increase of 2,250.0% from the November 15th total of 400 shares. Based on an average daily volume of 36,900 shares, the short-interest ratio is currently 0.3 days.

Land Securities Group Stock Up 6.1 %

LDSCY traded up $0.44 during midday trading on Friday, hitting $7.70. The company’s stock had a trading volume of 4,673 shares, compared to its average volume of 6,063. Land Securities Group has a 52-week low of $7.16 and a 52-week high of $10.05. The firm has a 50-day moving average price of $8.05 and a two-hundred day moving average price of $8.30.

Land Securities Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, January 23rd. Investors of record on Friday, November 29th will be given a dividend of $0.0712 per share. The ex-dividend date is Friday, November 29th.

Land Securities Group Company Profile

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.