British Land Company PLC (OTCMKTS:BTLCY - Get Free Report) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totalling 16,900 shares, a decline of 16.3% from the March 31st total of 20,200 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 108,400 shares, the days-to-cover ratio is presently 0.2 days.
Wall Street Analyst Weigh In
Separately, Hsbc Global Res upgraded shares of British Land from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 3rd. Two research analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Buy".
Get Our Latest Stock Report on British Land
British Land Stock Performance
BTLCY traded down $0.01 during trading on Thursday, hitting $5.36. The stock had a trading volume of 25,405 shares, compared to its average volume of 36,643. The company has a 50 day simple moving average of $4.77 and a 200-day simple moving average of $4.74. British Land has a 12 month low of $4.13 and a 12 month high of $6.31.
About British Land
(
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Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies.
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