Short Interest in London Stock Exchange Group plc (OTCMKTS:LNSTY) Drops By 75.5%

London Stock Exchange Group plc (OTCMKTS:LNSTY - Get Free Report) was the recipient of a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 100,400 shares, a drop of 75.5% from the May 15th total of 409,400 shares. Based on an average trading volume of 1,554,200 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company's shares are short sold.

Analysts Set New Price Targets

Separately, BNP Paribas upgraded shares of London Stock Exchange Group to a "hold" rating in a report on Monday, April 14th.

London Stock Exchange Group Stock Performance

Shares of London Stock Exchange Group stock traded down $0.56 on Thursday, hitting $37.93. 292,055 shares of the company traded hands, compared to its average volume of 467,217. The stock's 50 day moving average price is $38.16 and its 200-day moving average price is $37.14. London Stock Exchange Group has a 52 week low of $29.36 and a 52 week high of $39.98.

London Stock Exchange Group Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, June 5th. Shareholders of record on Tuesday, April 22nd were given a dividend of $0.2309 per share. The ex-dividend date of this dividend was Tuesday, April 22nd. This is a positive change from London Stock Exchange Group's previous dividend of $0.12.

London Stock Exchange Group Company Profile

London Stock Exchange Group plc operates as a financial markets infrastructure and data provider primarily in the United Kingdom and internationally. The company operates in three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-traded products, and foreign exchange markets through the London Stock Exchange, AIM, Turquoise, FXall, Matching, and Tradeweb.