Short Interest in British Land Company PLC (OTCMKTS:BTLCY) Declines By 34.1%

British Land Company PLC (OTCMKTS:BTLCYGet Free Report) was the target of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 14,300 shares, a decline of 34.1% from the October 31st total of 21,700 shares. Based on an average daily volume of 49,800 shares, the short-interest ratio is currently 0.3 days.

British Land Stock Up 0.8 %

British Land stock opened at $4.96 on Friday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.41. British Land has a 1-year low of $4.29 and a 1-year high of $6.31. The firm has a 50-day moving average of $5.43 and a 200-day moving average of $5.37.

British Land Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, January 27th. Investors of record on Friday, December 6th will be issued a $0.109 dividend. The ex-dividend date of this dividend is Friday, December 6th. This is a boost from British Land’s previous dividend of $0.10.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft upgraded shares of British Land from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd.

Read Our Latest Stock Report on BTLCY

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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