Short Interest in London Stock Exchange Group plc (OTCMKTS:LDNXF) Drops By 60.1%

London Stock Exchange Group plc (OTCMKTS:LDNXF) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 94,681 shares, a decrease of 60.1% from the December 31st total of 237,586 shares. Based on an average trading volume of 6,551 shares, the short-interest ratio is presently 14.5 days. Based on an average trading volume of 6,551 shares, the short-interest ratio is presently 14.5 days.

London Stock Exchange Group Price Performance

OTCMKTS:LDNXF traded up $1.04 on Thursday, reaching $112.50. The company’s stock had a trading volume of 2,708 shares, compared to its average volume of 4,468. London Stock Exchange Group has a 12-month low of $107.89 and a 12-month high of $159.67. The stock has a 50 day moving average price of $118.25 and a 200 day moving average price of $122.50.

London Stock Exchange Group Company Profile

London Stock Exchange Group (OTCMKTS:LDNXF) is a global provider of market infrastructure, data and analytics, operating the London Stock Exchange and a diverse range of complementary businesses. The company facilitates the trading, clearing and settlement of equity, bond and derivatives markets, serving issuers, broker-dealers, asset managers and other financial institutions worldwide. In addition to its core exchange business, LSEG provides fixed income and foreign exchange trading platforms, commodities and energy markets, and a range of electronic trading services.

Founded through the merger and expansion of the London Stock Exchange and Borsa Italiana in 2007, the Group has grown through strategic acquisitions, most notably the purchase of Refinitiv in 2021.