British Land Company PLC (OTCMKTS:BTLCY - Get Free Report) was the recipient of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 8,200 shares, a decrease of 74.2% from the January 15th total of 31,800 shares. Based on an average trading volume of 182,700 shares, the short-interest ratio is currently 0.0 days.
British Land Trading Down 0.4 %
BTLCY stock traded down $0.02 on Friday, reaching $4.63. 12,124 shares of the company's stock were exchanged, compared to its average volume of 64,606. British Land has a twelve month low of $4.13 and a twelve month high of $6.31. The stock has a fifty day moving average of $4.50 and a 200-day moving average of $5.10.
British Land Increases Dividend
The company also recently announced a dividend, which was paid on Monday, January 27th. Shareholders of record on Friday, December 6th were issued a $0.109 dividend. This is a positive change from British Land's previous dividend of $0.10. The ex-dividend date of this dividend was Friday, December 6th.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on BTLCY. The Goldman Sachs Group raised British Land from a "hold" rating to a "strong-buy" rating in a report on Monday, December 9th. Hsbc Global Res raised British Land from a "hold" rating to a "strong-buy" rating in a report on Monday, February 3rd. Two equities research analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy".
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British Land Company Profile
(
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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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