London Stock Exchange Group plc (OTCMKTS:LDNXF) Sees Significant Decrease in Short Interest

London Stock Exchange Group plc (OTCMKTS:LDNXF) was the target of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 112,543 shares, a decrease of 14.4% from the February 12th total of 131,550 shares. Based on an average daily volume of 6,564 shares, the days-to-cover ratio is currently 17.1 days. Based on an average daily volume of 6,564 shares, the days-to-cover ratio is currently 17.1 days.

London Stock Exchange Group Stock Performance

Shares of LDNXF stock opened at $114.05 on Monday. London Stock Exchange Group has a fifty-two week low of $95.04 and a fifty-two week high of $159.67. The company has a 50 day moving average price of $112.97 and a 200 day moving average price of $116.73.

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.