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

Legal & General Group Plc (OTCMKTS:LGGNY) was the recipient of a large increase in short interest during the month of 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 company are short sold. Based on an average daily trading volume, of 54,200 shares, the short-interest ratio is currently 1.4 days.

Legal & General Group Stock Up 0.9 %

Shares of 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 firm’s 50 day simple moving average is $15.18 and its two-hundred day simple moving average is $14.79.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on LGGNY shares. The Goldman Sachs Group raised Legal & General Group from a “strong sell” rating to a “strong-buy” rating in a report on Thursday, December 5th. UBS Group raised shares of Legal & General Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, December 5th.

Legal & General Group Company Profile

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.