Lagardere SA (OTCMKTS:LGDDF) Short Interest Down 26.0% in March

Lagardere SA (OTCMKTS:LGDDF) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 3,700 shares, a drop of 26.0% from the February 28th total of 5,000 shares. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is currently 1.5 days.

Lagardere Price Performance

Shares of LGDDF stock remained flat at $21.95 during trading hours on Tuesday. The stock’s 50-day simple moving average is $21.67 and its 200 day simple moving average is $22.43. Lagardere has a one year low of $20.76 and a one year high of $23.60.

Lagardere Company Profile

Lagardere SA engages in content publishing, production, broadcasting, and distribution businesses in France and internationally. It operates through two divisions: Lagardère Publishing, and Lagardère Travel Retail. The Lagardère Publishing division includes book publishing and e-publishing businesses, which cover the areas of education, general literature, illustrated books, partworks, dictionaries, children and youth adult, mobile games, board games, and stationery and distribution in English, French, and Spanish languages.