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

Land Securities Group Plc (OTCMKTS:LDSCY) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 900 shares, a growth of 12.5% from the August 15th total of 800 shares. Based on an average trading volume of 13,400 shares, the days-to-cover ratio is currently 0.1 days.

Land Securities Group Price Performance

Land Securities Group stock traded up $0.35 during midday trading on Monday, hitting $9.38. The company’s stock had a trading volume of 900 shares, compared to its average volume of 4,823. Land Securities Group has a 12 month low of $6.83 and a 12 month high of $10.05. The stock’s 50-day moving average price is $8.43 and its 200-day moving average price is $8.35.

Land Securities Group Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, October 21st. Investors of record on Friday, August 23rd will be paid a $0.0957 dividend. The ex-dividend date is Friday, August 23rd. This is a positive change from Land Securities Group’s previous dividend of $0.09.

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.