Short Interest in London Stock Exchange Group plc (OTCMKTS:LNSTY) Drops By 74.3%

London Stock Exchange Group plc (OTCMKTS:LNSTY - Get Free Report) saw a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 154,700 shares, a decrease of 74.3% from the February 28th total of 601,100 shares. Currently, 0.0% of the company's shares are sold short. Based on an average trading volume of 879,100 shares, the days-to-cover ratio is currently 0.2 days.

London Stock Exchange Group Price Performance

LNSTY traded up $0.56 during trading on Monday, hitting $37.73. 193,932 shares of the company's stock were exchanged, compared to its average volume of 514,707. London Stock Exchange Group has a 1 year low of $27.21 and a 1 year high of $38.38. The stock has a 50 day moving average price of $36.82 and a 200 day moving average price of $35.84.

London Stock Exchange Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, June 5th. Investors of record on Tuesday, April 22nd will be given a dividend of $0.2309 per share. This is a boost from London Stock Exchange Group's previous dividend of $0.12. The ex-dividend date of this dividend is Tuesday, April 22nd.

Analyst Upgrades and Downgrades

Separately, Citigroup raised London Stock Exchange Group to a "strong-buy" rating in a research note on Tuesday, January 28th.

About London Stock Exchange Group

London Stock Exchange Group plc operates as a financial markets infrastructure and data provider primarily in the United Kingdom and internationally. The company operates in three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-traded products, and foreign exchange markets through the London Stock Exchange, AIM, Turquoise, FXall, Matching, and Tradeweb.