Legal & General Group Plc (OTCMKTS:LGGNY) Short Interest Down 34.8% in March

Legal & General Group Plc (OTCMKTS:LGGNY) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 48,900 shares, a decline of 34.8% from the February 28th total of 75,000 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 108,900 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on LGGNY shares. UBS Group raised Legal & General Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, December 5th. The Goldman Sachs Group raised Legal & General Group from a “strong sell” rating to a “strong-buy” rating in a report on Thursday, December 5th.

Legal & General Group Stock Performance

LGGNY stock traded up $0.05 during trading on Friday, hitting $16.01. The company had a trading volume of 40,332 shares, compared to its average volume of 53,344. The firm has a 50-day moving average price of $15.55 and a 200-day moving average price of $14.88. Legal & General Group has a 12 month low of $13.51 and a 12 month high of $16.74.

Legal & General Group Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, June 12th. Stockholders of record on Friday, April 25th will be given a dividend of $0.9943 per share. The ex-dividend date of this dividend is Friday, April 25th. This is an increase from Legal & General Group’s previous dividend of $0.36.

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.