Legal & General Group Plc (OTCMKTS:LGGNY – Get Free Report) was the target of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 73,700 shares, an increase of 73,600.0% from the July 31st total of 100 shares. Based on an average daily volume of 301,800 shares, the short-interest ratio is currently 0.2 days.
Analyst Upgrades and Downgrades
Separately, Barclays raised shares of Legal & General Group to a “strong-buy” rating in a research report on Wednesday, July 31st.
View Our Latest Research Report on Legal & General Group
Legal & General Group Price Performance
Legal & General Group Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, October 4th. Investors of record on Friday, August 23rd will be paid a dividend of $0.3567 per share. The ex-dividend date of this dividend is Friday, August 23rd.
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.
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