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

Legal & General Group Plc (OTCMKTS:LGGNY) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 231,800 shares, an increase of 611.0% from the December 15th total of 32,600 shares. Based on an average daily volume of 154,700 shares, the days-to-cover ratio is currently 1.5 days.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. UBS Group upgraded shares of Legal & General Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 5th. The Goldman Sachs Group upgraded shares of Legal & General Group from a “strong sell” rating to a “strong-buy” rating in a research note on Thursday, December 5th.

Legal & General Group Stock Performance

Legal & General Group stock traded up $0.13 during midday trading on Tuesday, reaching $13.74. The stock had a trading volume of 132,533 shares, compared to its average volume of 87,419. Legal & General Group has a 12 month low of $13.51 and a 12 month high of $16.74. The company has a fifty day moving average price of $14.33 and a two-hundred day moving average price of $14.61.

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.