London Stock Exchange Group plc (OTCMKTS:LNSTY) Sees Significant Decline in Short Interest

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

Analyst Ratings Changes

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

London Stock Exchange Group Price Performance

LNSTY stock opened at $36.69 on Thursday. The business has a 50 day simple moving average of $36.78 and a 200-day simple moving average of $35.78. London Stock Exchange Group has a twelve month low of $27.21 and a twelve month high of $38.38.

London Stock Exchange Group Increases Dividend

The firm 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. This is an increase from London Stock Exchange Group’s previous dividend of $0.12. The ex-dividend date is Tuesday, April 22nd.

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.