LondonMetric Property Plc (OTCMKTS:LNSPF) Sees Significant Increase in Short Interest

LondonMetric Property Plc (OTCMKTS:LNSPF) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totalling 26,700 shares, an increase of 15.6% from the August 15th total of 23,100 shares. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is currently 33.4 days.

LondonMetric Property Price Performance

Shares of OTCMKTS:LNSPF remained flat at $2.64 on Tuesday. The company’s stock had a trading volume of 7 shares, compared to its average volume of 4,514. LondonMetric Property has a 1 year low of $2.04 and a 1 year high of $2.64. The firm’s 50-day moving average price is $2.58 and its 200-day moving average price is $2.47.

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.