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

British Land Company PLC (OTCMKTS:BTLCYGet Free Report) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 8,400 shares, a growth of 147.1% from the December 31st total of 3,400 shares. Based on an average daily trading volume, of 102,500 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Several research analysts recently commented on BTLCY shares. Deutsche Bank Aktiengesellschaft upgraded shares of British Land from a “hold” rating to a “buy” rating in a research note on Wednesday, October 2nd. The Goldman Sachs Group raised British Land from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 9th. Three equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, British Land presently has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Analysis on British Land

British Land Trading Up 3.6 %

British Land stock traded up $0.16 during mid-day trading on Thursday, reaching $4.66. 38,798 shares of the company traded hands, compared to its average volume of 65,866. British Land has a fifty-two week low of $4.13 and a fifty-two week high of $6.31. The firm’s fifty day moving average is $4.56 and its two-hundred day moving average is $5.15.

British Land Increases Dividend

The company also recently declared a dividend, which was paid on Monday, January 27th. Shareholders of record on Friday, December 6th were paid a dividend of $0.109 per share. The ex-dividend date of this dividend was Friday, December 6th. This is an increase from British Land’s previous dividend of $0.10.

British Land Company Profile

(Get Free Report)

Our portfolio of high quality UK commercial property is focused on London Campuses and Retail & London Urban Logistics assets throughout the UK. We own or manage a portfolio valued at £13.0bn (British Land share: £8.9bn) as at 31 March 2023 making us one of Europe's largest listed real estate investment companies.

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