Land Securities Group Plc (OTCMKTS:LDSCY) Sees Significant Decrease in Short Interest
by Kim Johansen · The Markets DailyLand Securities Group Plc (OTCMKTS:LDSCY – Get Free Report) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 800 shares, a decrease of 95.3% from the December 15th total of 16,900 shares. Based on an average daily trading volume, of 24,200 shares, the days-to-cover ratio is currently 0.0 days.
Land Securities Group Stock Performance
OTCMKTS LDSCY traded down $0.03 on Tuesday, hitting $6.51. 5,106 shares of the company’s stock were exchanged, compared to its average volume of 19,313. The firm’s 50-day moving average price is $7.51 and its two-hundred day moving average price is $8.15. Land Securities Group has a fifty-two week low of $6.51 and a fifty-two week high of $9.46.
Land Securities Group Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Thursday, January 23rd. Shareholders of record on Friday, November 29th will be given a $0.0712 dividend. The ex-dividend date is Friday, November 29th.
About Land Securities Group
At Landsec, we build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential. We are one of the largest real estate companies in Europe, with a £12 billion portfolio of retail, leisure, workspace and residential hubs. Landsec is shaping a better future by leading our industry on environmental and social sustainability while delivering value for our shareholders, great experiences for our guests and positive change for our communities.
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