Short Interest in Land Securities Group Plc (OTCMKTS:LDSCY) Declines By 95.3%

Land Securities Group Plc (OTCMKTS:LDSCY) saw a large drop in short interest in December. As of December 31st, there was short interest totalling 800 shares, a drop of 95.3% from the December 15th total of 16,900 shares. Based on an average trading volume of 24,200 shares, the short-interest ratio is presently 0.0 days.

Land Securities Group Stock Performance

LDSCY stock traded up $0.48 during midday trading on Wednesday, reaching $6.99. The company had a trading volume of 18,550 shares, compared to its average volume of 19,228. The stock has a 50 day moving average price of $7.51 and a 200 day moving average price of $8.15. Land Securities Group has a fifty-two week low of $6.51 and a fifty-two week high of $9.46.

Land Securities Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, January 23rd. Shareholders of record on Friday, November 29th will be paid a dividend of $0.0712 per share. The ex-dividend date is Friday, November 29th.

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.