London Stock Exchange Group plc (OTCMKTS:LDNXF) Short Interest Up 64.2% in August

London Stock Exchange Group plc (OTCMKTS:LDNXF) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 163,393 shares, an increase of 64.2% from the August 15th total of 99,498 shares. Based on an average daily volume of 58,811 shares, the days-to-cover ratio is currently 2.8 days.

London Stock Exchange Group Stock Performance

OTCMKTS:LDNXF opened at $110.50 on Thursday. The firm has a fifty day simple moving average of $117.74 and a two-hundred day simple moving average of $119.31. London Stock Exchange Group has a 12 month low of $95.04 and a 12 month high of $138.99.

About London Stock Exchange Group

London Stock Exchange Group (OTCMKTS:LDNXF) is a global provider of market infrastructure, data and analytics, operating the London Stock Exchange and a diverse range of complementary businesses. The company facilitates the trading, clearing and settlement of equity, bond and derivatives markets, serving issuers, broker-dealers, asset managers and other financial institutions worldwide. In addition to its core exchange business, LSEG provides fixed income and foreign exchange trading platforms, commodities and energy markets, and a range of electronic trading services.

Founded through the merger and expansion of the London Stock Exchange and Borsa Italiana in 2007, the Group has grown through strategic acquisitions, most notably the purchase of Refinitiv in 2021.