British Land Company PLC (OTCMKTS:BTLCY) Short Interest Update

British Land Company PLC (OTCMKTS:BTLCY - Get Free Report) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 16,900 shares, a decrease of 16.3% from the March 31st total of 20,200 shares. Based on an average trading volume of 108,400 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, Hsbc Global Res raised shares of British Land from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 3rd. Two analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Buy".

British Land Stock Performance

Shares of BTLCY traded up $0.07 during trading hours on Tuesday, hitting $5.37. 1,962 shares of the company were exchanged, compared to its average volume of 36,776. The firm has a fifty day simple moving average of $4.74 and a 200-day simple moving average of $4.75. British Land has a one year low of $4.13 and a one year high of $6.31.

British Land Company Profile

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.