Land Securities Group Plc (OTCMKTS:LDSCY) Short Interest Up 377.8% in October

Land Securities Group Plc (OTCMKTS:LDSCY) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 8,600 shares, an increase of 377.8% from the September 30th total of 1,800 shares. Based on an average daily volume of 2,100 shares, the short-interest ratio is presently 4.1 days.

Land Securities Group Price Performance

Shares of Land Securities Group stock traded up $0.29 during trading on Friday, hitting $8.49. 1,439 shares of the stock were exchanged, compared to its average volume of 4,175. The firm’s 50-day moving average price is $8.77 and its 200 day moving average price is $8.43. Land Securities Group has a 12-month low of $7.22 and a 12-month high of $10.05.

Land Securities Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, October 21st. Shareholders of record on Friday, August 23rd were given a $0.0957 dividend. The ex-dividend date was Friday, August 23rd. This is an increase 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.