Short Interest in Land Securities Group PLC (OTCMKTS:LSGOF) Expands By 73.9%

Land Securities Group PLC (OTCMKTS:LSGOF – Get Free Report) was the target of a large increase in short interest during the month of 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 trading volume of 346 shares, the short-interest ratio is currently 1,951.6 days.

Analyst Ratings Changes

Several research firms recently weighed in on LSGOF. The Goldman Sachs Group upgraded Land Securities Group from a “hold” rating to a “strong-buy” rating in a report on Sunday, March 29th. Jefferies Financial Group downgraded Land Securities Group from a “moderate sell” rating to a “strong sell” rating in a report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

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Land Securities Group Stock Performance

Shares of OTCMKTS:LSGOF opened at $8.79 on Friday. The business has a 50 day moving average price of $8.34 and a 200 day moving average price of $8.40. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.67 and a current ratio of 0.67. Land Securities Group has a twelve month low of $7.04 and a twelve month high of $9.35.

Land Securities Group Company Profile

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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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