Short Interest in LondonMetric Property Plc (OTCMKTS:LNSPF) Declines By 16.4%

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

LondonMetric Property Stock Performance

LondonMetric Property stock remained flat at $2.26 during midday trading on Monday. LondonMetric Property has a fifty-two week low of $2.20 and a fifty-two week high of $2.75. The company has a 50 day moving average price of $2.42 and a 200-day moving average price of $2.54.

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.