British Land Company PLC (OTCMKTS:BTLCY – Get Free Report) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 4,900 shares, a drop of 30.0% from the May 31st total of 7,000 shares. Based on an average trading volume of 9,600 shares, the days-to-cover ratio is presently 0.5 days.
British Land Trading Up 2.0 %
OTCMKTS BTLCY opened at $5.18 on Monday. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.41. The stock has a 50-day simple moving average of $5.17 and a two-hundred day simple moving average of $4.93. British Land has a fifty-two week low of $3.48 and a fifty-two week high of $5.64.
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 dividend of $0.0953 per share. The ex-dividend date of this dividend is Friday, June 21st.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Report on BTLCY
British Land Company Profile
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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