Land Securities Group Plc (OTCMKTS:LDSCY) Sees Significant Growth in Short Interest

Land Securities Group Plc (OTCMKTS:LDSCY) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 15,600 shares, a growth of 15,500.0% from the July 15th total of 100 shares. Based on an average daily volume of 3,300 shares, the days-to-cover ratio is currently 4.7 days.

Land Securities Group Price Performance

Shares of LDSCY opened at $8.15 on Wednesday. The business’s 50 day moving average is $8.14 and its 200 day moving average is $8.26. Land Securities Group has a 12-month low of $6.77 and a 12-month high of $10.05.

Land Securities Group Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, October 21st. Shareholders of record on Friday, August 23rd will be issued a dividend of $0.0957 per share. The ex-dividend date of this dividend is Friday, August 23rd. This is a boost from Land Securities Group’s previous dividend of $0.09.

Land Securities Group Company Profile

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.