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

Legal & General Group PLC (OTCMKTS:LGGNY) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 50,401 shares, an increase of 56.1% from the November 30th total of 32,279 shares. Based on an average trading volume of 71,943 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 71,943 shares, the days-to-cover ratio is presently 0.7 days.

Legal & General Group Stock Performance

Shares of OTCMKTS LGGNY opened at $17.50 on Monday. The business has a fifty day moving average price of $16.30 and a 200 day moving average price of $16.60. Legal & General Group has a 1-year low of $13.51 and a 1-year high of $17.99.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Legal & General Group from a “strong sell” rating to a “hold” rating in a report on Thursday, December 11th. Four equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Legal & General Group currently has an average rating of “Reduce”.

Legal & General Group Company Profile

Legal & General Group is a London‑headquartered multinational financial services company with roots dating back to the 19th century. The firm provides a range of life insurance, retirement and protection products alongside savings and workplace pension solutions. Over its history it has expanded beyond traditional insurance into asset management and long‑term investment activities aimed at serving both individual and institutional clients.

Core operations include life assurance, annuities and pension de‑risking for corporate clients, together with retail and workplace pension provision.