Land Securities Group Plc (OTCMKTS:LDSCY) Sees Significant Increase in Short Interest

Land Securities Group Plc (OTCMKTS:LDSCY) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 16,600 shares, a growth of 16,500.0% from the January 15th total of 100 shares. Based on an average daily volume of 145,900 shares, the days-to-cover ratio is currently 0.1 days.

Land Securities Group Trading Up 1.1 %

OTCMKTS:LDSCY opened at $7.56 on Friday. The company’s 50-day moving average is $7.35 and its two-hundred day moving average is $8.04. Land Securities Group has a 1-year low of $6.51 and a 1-year high of $9.46.

Land Securities Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, April 28th. Shareholders of record on Friday, February 21st will be issued a $0.0709 dividend. The ex-dividend date is Friday, February 21st.

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.