Short Interest in Legal & General Group PLC (OTCMKTS:LGGNY) Increases By 56.1%

Legal & General Group PLC (OTCMKTS:LGGNYGet Free Report) was the recipient of a large increase in short interest in 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. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 71,943 shares, the short-interest ratio is presently 0.7 days. Based on an average trading volume of 71,943 shares, the short-interest ratio is presently 0.7 days. Currently, 0.0% of the company’s stock are short sold.

Legal & General Group Price Performance

Shares of OTCMKTS LGGNY traded up $0.23 during mid-day trading on Tuesday, hitting $17.73. The stock had a trading volume of 8,634 shares, compared to its average volume of 66,536. Legal & General Group has a twelve month low of $13.51 and a twelve month high of $17.99. The company has a 50 day moving average of $16.34 and a two-hundred day moving average of $16.60.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Legal & General Group from a “strong sell” rating to a “hold” rating in a research 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. Based on data from MarketBeat.com, Legal & General Group presently has a consensus rating of “Reduce”.

Check Out Our Latest Stock Analysis on LGGNY

About Legal & General Group

(Get Free Report)

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.

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