LondonMetric Property Plc (OTCMKTS:LNSPF) Short Interest Update

LondonMetric Property Plc (OTCMKTS:LNSPF) was the target of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 39,900 shares, a decline of 36.1% from the January 31st total of 62,400 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is currently 57.0 days.

LondonMetric Property Price Performance

LNSPF stock opened at $2.28 on Friday. The stock’s 50 day simple moving average is $2.29 and its 200 day simple moving average is $2.47. LondonMetric Property has a 12-month low of $2.20 and a 12-month high of $2.75.

LondonMetric Property Company Profile

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.