Land Securities Group PLC (OTCMKTS:LSGOF) Short Interest Up 73.9% in June

Land Securities Group PLC (OTCMKTS:LSGOFGet Free Report) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 675,261 shares, an increase of 73.9% from the May 31st total of 388,342 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 346 shares, the short-interest ratio is presently 1,951.6 days.

Wall Street Analyst Weigh In

LSGOF has been the topic of a number of analyst reports. Jefferies Financial Group cut Land Securities Group from a “moderate sell” rating to a “strong sell” rating in a research note on Thursday, April 30th. The Goldman Sachs Group raised Land Securities Group from a “hold” rating to a “strong-buy” rating in a research report on Sunday, March 29th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Read Our Latest Research Report on Land Securities Group

Land Securities Group Stock Performance

LSGOF stock opened at $8.79 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.67 and a quick ratio of 0.67. Land Securities Group has a twelve month low of $7.04 and a twelve month high of $9.35. The company’s 50 day moving average is $8.35 and its two-hundred day moving average is $8.41.

Land Securities Group Company Profile

(Get Free Report)

Land Securities Group (OTCMKTS:LSGOF), commonly known as Landsec, is one of the United Kingdom’s largest commercial property development and investment companies. The firm specializes in the acquisition, development, and management of a diversified real estate portfolio, which spans office spaces, retail centres, leisure venues and residential projects. Landsec’s integrated approach combines property investment with active asset and estate management, aiming to enhance value through strategic redevelopment and sustainable building practices.

Landsec’s portfolio is concentrated primarily in key urban markets across the UK, with a particular focus on central London, major regional towns and cities.

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