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

Land Securities Group Plc (OTCMKTS:LDSCY) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 8,600 shares, a growth of 377.8% from the September 30th total of 1,800 shares. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is currently 4.1 days.

Land Securities Group Trading Up 3.5 %

OTCMKTS:LDSCY traded up $0.29 during trading hours on Friday, reaching $8.49. 1,439 shares of the company were exchanged, compared to its average volume of 4,175. Land Securities Group has a 1-year low of $7.22 and a 1-year high of $10.05. The business has a 50 day moving average of $8.77 and a 200 day moving average of $8.43.

Land Securities Group Increases Dividend

The business also recently declared a dividend, which was paid on Monday, October 21st. Investors of record on Friday, August 23rd were given a dividend of $0.0957 per share. The ex-dividend date was Friday, August 23rd. This is an increase from Land Securities Group’s previous dividend of $0.09.

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.