Short Interest in LondonMetric Property Plc (OTCMKTS:LNSPF) Declines By 24.1%

LondonMetric Property Plc (OTCMKTS:LNSPF) was the target of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 30,300 shares, a drop of 24.1% from the February 13th total of 39,900 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 303.0 days.

LondonMetric Property Price Performance

Shares of OTCMKTS:LNSPF opened at $2.15 on Monday. The stock’s 50-day simple moving average is $2.28 and its two-hundred day simple moving average is $2.43. LondonMetric Property has a 52-week low of $2.15 and a 52-week 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.