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

Legal & General Group Plc (OTCMKTS:LGGNY) saw a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 20,100 shares, a growth of 16.9% from the November 15th total of 17,200 shares. Based on an average daily volume of 182,500 shares, the days-to-cover ratio is currently 0.1 days.

Legal & General Group Price Performance

Legal & General Group stock traded down $0.18 during midday trading on Monday, hitting $14.66. The company’s stock had a trading volume of 52,982 shares, compared to its average volume of 61,424. Legal & General Group has a 1-year low of $13.70 and a 1-year high of $16.74. The company has a 50-day moving average price of $14.45 and a two-hundred day moving average price of $14.75.

Analysts Set New Price Targets

LGGNY has been the subject of several research reports. UBS Group raised Legal & General Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, December 5th. The Goldman Sachs Group upgraded Legal & General Group from a “strong sell” rating to a “strong-buy” rating in a research report on Thursday, December 5th.

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.