British Land Company PLC (OTCMKTS:BTLCY - Get Free Report) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totalling 20,200 shares, a growth of 49.6% from the March 15th total of 13,500 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 62,600 shares, the short-interest ratio is currently 0.3 days.
Wall Street Analyst Weigh In
Separately, Hsbc Global Res raised British Land from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 3rd. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy".
Check Out Our Latest Stock Report on British Land
British Land Stock Performance
BTLCY traded down $0.02 during trading on Wednesday, hitting $5.06. 12,039 shares of the company traded hands, compared to its average volume of 39,229. British Land has a 1 year low of $4.13 and a 1 year high of $6.31. The stock's 50-day simple moving average is $4.64 and its two-hundred day simple moving average is $4.78.
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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