Legal & General Group Plc (OTCMKTS:LGGNY - Get Free Report) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totalling 3,400 shares, a decrease of 66.0% from the April 30th total of 10,000 shares. Based on an average daily volume of 213,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.
Analysts Set New Price Targets
Separately, Hsbc Global Res raised Legal & General Group to a "hold" rating in a research note on Monday, May 19th.
View Our Latest Analysis on Legal & General Group
Legal & General Group Price Performance
Legal & General Group stock traded up $0.11 during trading hours on Monday, hitting $16.76. The company had a trading volume of 22,842 shares, compared to its average volume of 91,138. The company has a 50-day moving average price of $15.83 and a two-hundred day moving average price of $15.26. Legal & General Group has a 1 year low of $13.51 and a 1 year high of $16.98.
Legal & General Group Increases Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, June 12th. Investors of record on Friday, April 25th will be paid a $0.9943 dividend. The ex-dividend date of this dividend is Friday, April 25th. This is a boost from Legal & General Group's previous dividend of $0.36.
About Legal & General Group
(
Get Free Report)
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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