LondonMetric Property Plc (OTCMKTS:LNSPF) Short Interest Down 36.1% in February

LondonMetric Property Plc (OTCMKTS:LNSPF – Get Free Report) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 39,900 shares, a decline of 36.1% from the January 31st total of 62,400 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is currently 57.0 days.

LondonMetric Property Stock Performance

Shares of LNSPF remained flat at $2.28 during mid-day trading on Monday. LondonMetric Property has a 12-month low of $2.20 and a 12-month high of $2.75. The company’s 50-day simple moving average is $2.29 and its two-hundred day simple moving average is $2.47.

LondonMetric Property Company Profile

(Get Free Report)

LondonMetric is a FTSE 250 REIT that owns one of the UK's leading listed logistics platforms alongside a grocery-led long income portfolio, with 17 million sq ft under management. It owns and manages desirable real estate that meets occupiers' demands, delivers reliable, repetitive and growing income-led returns and outperforms over the long term.

Further Reading

• Five stocks we like better than LondonMetric Property
• How to Choose Top Rated Stocks
• Bearish Investors Can Seek Refuge in Recession-Resistant ETFs
• Consumer Staples Stocks, Explained
• 3 Oversold Magnificent Seven Stocks at Key Levels: Buy Now?
• Low PE Growth Stocks: Unlocking Investment Opportunities
• 3M to Hit $175 by Mid-Year, and Higher Highs Are Likely