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

Legal & General Group Plc (OTCMKTS:LGGNY) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 21,900 shares, a growth of 630.0% from the February 29th total of 3,000 shares. Based on an average trading volume of 52,200 shares, the short-interest ratio is currently 0.4 days.

Legal & General Group Price Performance

Legal & General Group stock traded down $0.08 during midday trading on Thursday, hitting $16.29. 24,276 shares of the company’s stock were exchanged, compared to its average volume of 38,231. Legal & General Group has a 52-week low of $12.38 and a 52-week high of $16.70. The stock has a 50-day moving average price of $15.83 and a two-hundred day moving average price of $14.97.

Legal & General Group Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, April 26th will be paid a dividend of $0.8805 per share. The ex-dividend date of this dividend is Thursday, April 25th. This is a positive change from Legal & General Group’s previous dividend of $0.34.

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.