Land Securities Group Plc (OTCMKTS:LDSCY) Short Interest Down 88.3% in June

Land Securities Group Plc (OTCMKTS:LDSCY) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 42,798 shares, a decrease of 88.3% from the May 31st total of 365,250 shares. Based on an average daily trading volume, of 359,013 shares, the days-to-cover ratio is currently 0.1 days.

Land Securities Group Stock Down 0.9%

Shares of LDSCY traded down $0.08 during midday trading on Friday, reaching $8.67. 48,928 shares of the stock were exchanged, compared to its average volume of 112,366. Land Securities Group has a twelve month low of $6.88 and a twelve month high of $9.49. The stock’s 50 day simple moving average is $8.38 and its 200 day simple moving average is $8.36.

Land Securities Group Company Profile

Land Securities Group plc, commonly known as Landsec, is a leading UK-based real estate investment trust focused on commercial property development, investment and management. The company’s portfolio spans retail destinations, office buildings, leisure complexes and mixed-use urban schemes. Landsec leverages its in-house expertise in asset management, leasing and property operations to optimize occupancy and enhance the customer experience across its holdings.

Landsec’s core activities include the development of purpose-built office spaces designed to meet evolving tenant requirements, the repositioning of underperforming retail assets and the creation of destination leisure and entertainment districts.