Short Interest in London Stock Exchange Group plc (OTCMKTS:LNSTY) Decreases By 74.3%

London Stock Exchange Group plc (OTCMKTS:LNSTY) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 154,700 shares, a decrease of 74.3% from the February 28th total of 601,100 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 879,100 shares, the days-to-cover ratio is presently 0.2 days.

London Stock Exchange Group Stock Performance

OTCMKTS LNSTY traded up $0.56 during trading hours on Friday, reaching $37.73. The company’s stock had a trading volume of 193,932 shares, compared to its average volume of 514,707. The company’s 50-day moving average is $36.82 and its two-hundred day moving average is $35.82. London Stock Exchange Group has a 1-year low of $27.21 and a 1-year high of $38.38.

London Stock Exchange Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, June 5th. Shareholders of record on Tuesday, April 22nd will be given a dividend of $0.2309 per share. The ex-dividend date of this dividend is Tuesday, April 22nd. This is a boost from London Stock Exchange Group’s previous dividend of $0.12.

Wall Street Analyst Weigh In

Separately, Citigroup raised shares of London Stock Exchange Group to a “strong-buy” rating in a research note on Tuesday, January 28th.

About London Stock Exchange Group

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.