LondonMetric Property Plc (OTCMKTS:LNSPF) Short Interest Down 16.4% in December

LondonMetric Property Plc (OTCMKTS:LNSPF) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totalling 37,200 shares, a decline of 16.4% from the November 30th total of 44,500 shares. Based on an average daily volume of 2,200 shares, the days-to-cover ratio is currently 16.9 days.

LondonMetric Property Stock Performance

Shares of OTCMKTS LNSPF remained flat at $2.26 during mid-day trading on Monday. The company’s 50 day simple moving average is $2.42 and its 200 day simple moving average is $2.54. LondonMetric Property has a 12 month low of $2.20 and a 12 month high of $2.75.

LondonMetric Property Company Profile

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.