Short Interest in Land Securities Group Plc (OTCMKTS:LDSCY) Rises By 1,038.6%

Land Securities Group Plc (OTCMKTS:LDSCY) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 189,000 shares, an increase of 1,038.6% from the January 31st total of 16,600 shares. Based on an average trading volume of 212,300 shares, the days-to-cover ratio is currently 0.9 days.

Land Securities Group Trading Down 0.7 %

Land Securities Group stock traded down $0.05 during midday trading on Friday, hitting $7.38. The stock had a trading volume of 80,128 shares, compared to its average volume of 76,001. The firm’s fifty day moving average is $7.37 and its two-hundred day moving average is $7.99. Land Securities Group has a 52-week low of $6.51 and a 52-week high of $9.46.

Land Securities Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, February 21st will be issued a dividend of $0.0709 per share. 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.