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Legal & General Group Plc (OTCMKTS:LGGNY) Short Interest Up 171.9% in October

Legal & General Group logo with Finance background

Legal & General Group Plc (OTCMKTS:LGGNY - Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 17,400 shares, a growth of 171.9% from the September 30th total of 6,400 shares. Based on an average trading volume of 107,800 shares, the short-interest ratio is currently 0.2 days.

Legal & General Group Price Performance

LGGNY traded down $0.25 during trading on Friday, reaching $14.30. The stock had a trading volume of 30,178 shares, compared to its average volume of 58,506. The stock's 50 day moving average is $14.86 and its two-hundred day moving average is $15.10. Legal & General Group has a one year low of $12.46 and a one year high of $16.74.

Legal & General Group Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, October 4th. Shareholders of record on Friday, August 23rd were issued a $0.3567 dividend. The ex-dividend date of this dividend was Friday, August 23rd.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on LGGNY shares. Barclays upgraded Legal & General Group to a "strong-buy" rating in a research report on Wednesday, July 31st. The Goldman Sachs Group raised shares of Legal & General Group to a "strong sell" rating in a research note on Wednesday, September 18th.

Check Out Our Latest Stock Report on Legal & General Group

Legal & General Group Company Profile

(Get Free Report)

Legal & General Group Plc provides various insurance products and services in the United Kingdom, the United States, and internationally. It operates in Legal & General Retirement Institutional (LGRI), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Retail segments.

See Also

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