Legal & General Group Plc (OTCMKTS:LGGNY) Short Interest Update

Legal & General Group Plc (OTCMKTS:LGGNY) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 75,000 shares, an increase of 68.5% from the February 13th total of 44,500 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 54,200 shares, the days-to-cover ratio is currently 1.4 days.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. The Goldman Sachs Group raised shares of 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 note on Thursday, December 5th.

Legal & General Group Stock Performance

OTCMKTS LGGNY opened at $16.05 on Monday. Legal & General Group has a 1-year low of $13.51 and a 1-year high of $16.74. The business has a 50 day simple moving average of $15.18 and a two-hundred day simple moving average of $14.79.

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.