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

British Land Company PLC (OTCMKTS:BTLCY - Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 35,600 shares, a growth of 140.5% from the April 30th total of 14,800 shares. Based on an average trading volume of 30,900 shares, the short-interest ratio is currently 1.2 days. Approximately 0.0% of the shares of the stock are short sold.

British Land Price Performance

Shares of OTCMKTS:BTLCY traded up $0.03 on Monday, hitting $5.27. 8,649 shares of the company traded hands, compared to its average volume of 32,949. British Land has a 52 week low of $4.13 and a 52 week high of $6.31. The stock has a 50 day simple moving average of $5.02 and a 200-day simple moving average of $4.73.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on BTLCY shares. Kepler Capital Markets cut shares of British Land from a "strong-buy" rating to a "hold" rating in a research report on Friday. Hsbc Global Res raised British Land from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 3rd. Three investment analysts have rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy".

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.