Short Interest in Ledyard Financial Group, Inc. (OTCMKTS:LFGP) Expands By 200.0%

Ledyard Financial Group, Inc. (OTCMKTS:LFGP) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 300 shares, an increase of 200.0% from the February 28th total of 100 shares. Based on an average trading volume of 11,200 shares, the days-to-cover ratio is currently 0.0 days.

Ledyard Financial Group Price Performance

OTCMKTS:LFGP remained flat at $15.50 during midday trading on Thursday. Ledyard Financial Group has a 1-year low of $12.65 and a 1-year high of $15.50. The company’s 50 day moving average is $14.75 and its 200-day moving average is $14.56.

Ledyard Financial Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, February 26th were paid a $0.21 dividend. The ex-dividend date was Wednesday, February 26th. This represents a $0.84 annualized dividend and a yield of 5.42%.

Ledyard Financial Group Company Profile

Ledyard Financial Group, Inc operates as the bank holding company for Ledyard National Bank that provides retail and commercial banking, and wealth advisory services in New Hampshire and Vermont. It offers checking, savings, individual retirement, money market, NOW, and health saving accounts; and debit, ATM, and credit cards.