British Land Company PLC (OTCMKTS:BTLCY – Get Free Report) saw a large decrease in short interest in April. As of April 15th, there was short interest totalling 16,900 shares, a decrease of 16.3% from the March 31st total of 20,200 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 108,400 shares, the days-to-cover ratio is currently 0.2 days.
British Land Stock Up 0.5 %
Shares of BTLCY opened at $5.31 on Friday. The firm’s fifty day simple moving average is $4.72 and its two-hundred day simple moving average is $4.76. British Land has a 12 month low of $4.13 and a 12 month high of $6.31.
Analyst Ratings Changes
Separately, Hsbc Global Res upgraded British Land from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 3rd. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy”.
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.
Read More
- Five stocks we like better than British Land
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- Magnificent 7 Stocks Send a Dire Warning to Markets
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Why Spotify Stock Still Has Room to Run in 2025
- Why Invest in High-Yield Dividend Stocks?
- Buy the Dip: Top Tech Stocks Analysts Say Are Undervalued
Receive News & Ratings for British Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for British Land and related companies with MarketBeat.com's FREE daily email newsletter.
