British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) Short Interest Update

British Land Company PLC Sponsored ADR (OTCMKTS:BTLCY) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 5,996 shares, a decline of 43.4% from the November 30th total of 10,592 shares. Based on an average daily volume of 22,146 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 22,146 shares, the short-interest ratio is presently 0.3 days.

British Land Trading Down 1.2%

Shares of BTLCY stock opened at $5.35 on Monday. British Land has a 52-week low of $4.13 and a 52-week high of $5.62. The business’s fifty day moving average is $5.15 and its 200 day moving average is $4.91. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.42.

Wall Street Analysts Forecast Growth

BTLCY has been the subject of a number of recent research reports. UBS Group upgraded shares of British Land from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. Panmure Gordon raised British Land to a “buy” rating in a report on Tuesday, December 2nd. Finally, Morgan Stanley reiterated an “overweight” rating on shares of British Land in a research note on Friday, December 5th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

About British Land

British Land Company plc is a leading real estate investment trust primarily focused on the ownership, development and management of UK commercial property. The company’s portfolio is centred on high-quality office and retail destinations in key urban locations, combining long-term holdings with active redevelopment projects. Its core business activities include leasing space to corporate and retail tenants, asset management, and undertaking new developments aimed at enhancing urban environments and driving sustainable value.

Founded in 1856 as the Land Mortgage and Agency Company, British Land adopted its current name in the 1970s as it expanded beyond mortgage lending into direct property investment.