Legal & General Group Plc (OTCMKTS:LGGNY) Short Interest Up 62.2% in December

Legal & General Group Plc (OTCMKTS:LGGNY) was the target of a large growth in short interest in December. As of December 15th, there was short interest totalling 32,600 shares, a growth of 62.2% from the November 30th total of 20,100 shares. Based on an average daily volume of 137,400 shares, the short-interest ratio is currently 0.2 days.

Legal & General Group Trading Up 0.6 %

Shares of Legal & General Group stock traded up $0.09 during trading on Friday, hitting $14.60. The stock had a trading volume of 96,242 shares, compared to its average volume of 62,102. Legal & General Group has a 12 month low of $13.70 and a 12 month high of $16.74. The business’s 50-day moving average is $14.37 and its 200 day moving average is $14.64.

Analysts Set New Price Targets

A number of research analysts have weighed in on LGGNY shares. The Goldman Sachs Group raised Legal & General Group from a “strong sell” rating to a “strong-buy” rating in a report on Thursday, December 5th. UBS Group upgraded shares of Legal & General Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, December 5th.

About Legal & General Group

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.