Land Securities Group Plc (OTCMKTS:LDSCY – Get Free Report) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 107,859 shares, a decline of 48.8% from the June 30th total of 210,563 shares. Based on an average trading volume of 243,829 shares, the short-interest ratio is presently 0.4 days.
Land Securities Group Price Performance
Shares of OTCMKTS:LDSCY traded up $0.04 during trading on Wednesday, hitting $9.51. 15,555 shares of the stock were exchanged, compared to its average volume of 110,903. Land Securities Group has a 1-year low of $6.88 and a 1-year high of $9.70. The company’s fifty day simple moving average is $8.83 and its 200-day simple moving average is $8.49.
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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