Land Securities Group Plc (OTCMKTS:LSGOF) Sees Significant Drop in Short Interest

Land Securities Group Plc (OTCMKTS:LSGOF) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 886,300 shares, a drop of 34.4% from the November 30th total of 1,352,000 shares. Based on an average daily trading volume, of 4,100 shares, the short-interest ratio is currently 216.2 days.

Land Securities Group Stock Performance

LSGOF stock remained flat at $7.00 during mid-day trading on Friday. Land Securities Group has a 52-week low of $6.85 and a 52-week high of $8.91. The business has a fifty day simple moving average of $7.55 and a 200-day simple moving average of $8.04. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.47 and a quick ratio of 0.47.

About Land Securities Group

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.