Legal & General Group Plc (OTCMKTS:LGGNY) Short Interest Up 68.5% in February

Legal & General Group Plc (OTCMKTS:LGGNY) was the recipient of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 75,000 shares, a growth of 68.5% from the February 13th total of 44,500 shares. Based on an average daily trading volume, of 54,200 shares, the short-interest ratio is currently 1.4 days. Currently, 0.0% of the company’s stock are short sold.

Legal & General Group Stock Performance

LGGNY stock traded up $0.15 during mid-day trading on Friday, hitting $16.05. The stock had a trading volume of 32,770 shares, compared to its average volume of 52,809. Legal & General Group has a 1-year low of $13.51 and a 1-year high of $16.74. The company has a fifty day moving average of $15.18 and a 200 day moving average of $14.79.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. The Goldman Sachs Group raised Legal & General Group from a “strong sell” rating to a “strong-buy” rating in a research report on Thursday, December 5th. UBS Group raised 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.