Land Securities Group Plc (OTCMKTS:LDSCY – Get Free Report) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 238,678 shares, a growth of 104.6% from the April 30th total of 116,684 shares. Based on an average daily volume of 237,734 shares, the short-interest ratio is currently 1.0 days.
Land Securities Group Price Performance
Shares of Land Securities Group stock opened at $8.66 on Wednesday. Land Securities Group has a 1 year low of $6.88 and a 1 year high of $9.49. The company’s fifty day moving average is $7.95 and its two-hundred day moving average is $8.29.
About Land Securities Group
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.
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