Short Interest in Legal & General Group PLC (OTCMKTS:LGGNY) Expands By 56.1%

Legal & General Group PLC (OTCMKTS:LGGNY) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 50,401 shares, a growth of 56.1% from the November 30th total of 32,279 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 71,943 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 71,943 shares, the short-interest ratio is currently 0.7 days. Currently, 0.0% of the shares of the stock are sold short.

Legal & General Group Price Performance

Shares of Legal & General Group stock opened at $17.72 on Wednesday. The stock has a 50-day moving average price of $16.37 and a 200 day moving average price of $16.60. Legal & General Group has a 1 year low of $13.51 and a 1 year high of $17.99.

Analyst Ratings Changes

Separately, Zacks Research raised Legal & General Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, December 11th. Four equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce”.

About Legal & General Group

Legal & General Group is a London‑headquartered multinational financial services company with roots dating back to the 19th century. The firm provides a range of life insurance, retirement and protection products alongside savings and workplace pension solutions. Over its history it has expanded beyond traditional insurance into asset management and long‑term investment activities aimed at serving both individual and institutional clients.

Core operations include life assurance, annuities and pension de‑risking for corporate clients, together with retail and workplace pension provision.