LondonMetric Property Plc (OTCMKTS:LNSPF) Sees Large Drop in Short Interest

LondonMetric Property Plc (OTCMKTS:LNSPF) saw a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 37,200 shares, a decrease of 16.4% from the November 30th total of 44,500 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is presently 16.9 days.

LondonMetric Property Stock Performance

Shares of LNSPF stock remained flat at $2.26 during mid-day trading on Friday. The business has a 50-day moving average price of $2.42 and a 200 day moving average price of $2.53. LondonMetric Property has a twelve month low of $2.20 and a twelve month high of $2.75.

About LondonMetric Property

LondonMetric is a FTSE 250 REIT that owns one of the UK's leading listed logistics platforms alongside a grocery-led long income portfolio, with 17 million sq ft under management. It owns and manages desirable real estate that meets occupiers' demands, delivers reliable, repetitive and growing income-led returns and outperforms over the long term.