Short Interest in British Land Company PLC (OTCMKTS:BTLCY) Grows By 32.1%

British Land Company PLC (OTCMKTS:BTLCY) was the recipient of a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 7,000 shares, an increase of 32.1% from the May 15th total of 5,300 shares. Based on an average trading volume of 14,200 shares, the days-to-cover ratio is currently 0.5 days.

British Land Stock Performance

Shares of British Land stock traded down $0.05 on Friday, hitting $5.38. 11,760 shares of the company’s stock traded hands, compared to its average volume of 5,682. British Land has a one year low of $3.48 and a one year high of $5.64. The firm’s 50-day moving average price is $5.07 and its two-hundred day moving average price is $4.89.

British Land Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, August 5th. Shareholders of record on Friday, June 21st will be paid a $0.0953 dividend. The ex-dividend date of this dividend is Friday, June 21st.

About British Land

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.