Land Securities Group Plc (OTCMKTS:LDSCY) Short Interest Down 94.9% in August

Land Securities Group Plc (OTCMKTS:LDSCY) was the recipient of a significant drop in short interest during the month of August. As of August 15th, there was short interest totalling 800 shares, a drop of 94.9% from the July 31st total of 15,600 shares. Based on an average trading volume of 23,300 shares, the days-to-cover ratio is currently 0.0 days.

Land Securities Group Stock Performance

Shares of Land Securities Group stock traded down $0.19 on Wednesday, hitting $8.61. 1,786 shares of the company’s stock traded hands, compared to its average volume of 4,801. Land Securities Group has a one year low of $6.77 and a one year high of $10.05. The firm’s 50-day moving average price is $8.18 and its two-hundred day moving average price is $8.28.

Land Securities Group Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, October 21st. Stockholders of record on Friday, August 23rd will be given a dividend of $0.0957 per share. This is an increase from Land Securities Group’s previous dividend of $0.09. The ex-dividend date of this dividend is Friday, August 23rd.

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.