LondonMetric Property Plc (OTCMKTS:LNSPF) Sees Significant Decline in Short Interest

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

LondonMetric Property Price Performance

Shares of OTCMKTS LNSPF opened at $2.28 on Friday. LondonMetric Property has a 1 year low of $2.20 and a 1 year high of $2.75. The stock’s 50-day simple moving average is $2.29 and its 200-day simple moving average is $2.47.

LondonMetric Property Company Profile

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.