LondonMetric Property Plc (OTCMKTS:LNSPF – Get Free Report) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 22,683 shares, a growth of 65.4% from the August 31st total of 13,715 shares. Based on an average daily volume of 737 shares, the short-interest ratio is currently 30.8 days.
LondonMetric Property Stock Down 3.6%
OTCMKTS:LNSPF traded down $0.09 during trading hours on Thursday, hitting $2.30. The stock had a trading volume of 105 shares, compared to its average volume of 3,144. LondonMetric Property has a one year low of $2.24 and a one year high of $2.99. The company has a 50 day simple moving average of $2.51 and a two-hundred day simple moving average of $2.53.
LondonMetric Property Company Profile
LondonMetric Property plc is a United Kingdom-focused real estate investment company that owns, manages and develops commercial property. The company is organized as a real estate investment trust and focuses on property that can generate recurring rental income over the long term.
Its portfolio is primarily concentrated in logistics and distribution facilities, including warehouses and last-mile delivery properties. LondonMetric also invests in convenience-led retail, retail parks, supermarkets and other commercial assets supported by everyday consumer demand.
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