Short Interest in Land Securities Group PLC (OTCMKTS:LSGOF) Increases By 315.3%

Key Points

• Short interest in Land Securities Group PLC increased by 315.3% in July, rising from 48,500 shares to a total of 201,400 shares.
• The short-interest ratio is currently at an unprecedented 1,007.0 days, based on an average daily volume of only 200 shares.
• Despite the significant rise in short interest, Land Securities Group's stock price remains flat at $7.46, with a fifty-two week low of $6.47 and a high of $8.89.

Land Securities Group PLC (OTCMKTS:LSGOF - Get Free Report) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 201,400 shares, agrowthof315.3% from the June 30th total of 48,500 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 1,007.0 days. Based on an average daily volume of 200 shares, the short-interest ratio is presently 1,007.0 days.

Land Securities Group Trading Up 1.8%

Shares of LSGOF traded up $0.14 during mid-day trading on Thursday, reaching $7.60. 1,400 shares of the company's stock were exchanged, compared to its average volume of 362. Land Securities Group has a 52-week low of $6.47 and a 52-week high of $8.89. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.58. The company has a 50-day simple moving average of $8.25 and a two-hundred day simple moving average of $7.64.

Land Securities Group Company Profile

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.