Legal & General Group Plc (OTCMKTS:LGGNY – Get Free Report) saw a large growth in short interest in May. As of May 31st, there was short interest totalling 6,900 shares, a growth of 102.9% from the May 15th total of 3,400 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 500,000 shares, the days-to-cover ratio is presently 0.0 days.
Legal & General Group Stock Performance
Shares of LGGNY stock opened at $17.06 on Monday. The firm’s 50 day moving average is $16.20 and its 200 day moving average is $15.49. Legal & General Group has a 12 month low of $13.51 and a 12 month high of $17.54.
Analyst Upgrades and Downgrades
Separately, Hsbc Global Res upgraded shares of Legal & General Group to a “hold” rating in a research note on Monday, May 19th.
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.
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