Legal & General Group Plc (OTCMKTS:LGGNY – Get Free Report) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 21,900 shares, an increase of 630.0% from the February 29th total of 3,000 shares. Based on an average daily trading volume, of 52,200 shares, the days-to-cover ratio is currently 0.4 days.
Legal & General Group Stock Performance
OTCMKTS:LGGNY traded down $0.08 during mid-day trading on Thursday, hitting $16.29. 24,276 shares of the stock traded hands, compared to its average volume of 38,231. Legal & General Group has a 52 week low of $12.38 and a 52 week high of $16.70. The firm’s 50 day moving average is $15.83 and its two-hundred day moving average is $14.97.
Legal & General Group Increases Dividend
The firm also recently declared a dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, April 26th will be given a $0.8805 dividend. The ex-dividend date is Thursday, April 25th. This is a boost from Legal & General Group’s previous dividend of $0.34.
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.
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