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

London Stock Exchange Group plc (OTCMKTS:LNSTY) was the recipient of a large decline in short interest in January. As of January 31st, there was short interest totalling 260,000 shares, a decline of 50.5% from the January 15th total of 524,900 shares. Based on an average daily volume of 658,200 shares, the short-interest ratio is presently 0.4 days.

Analyst Upgrades and Downgrades

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

London Stock Exchange Group Price Performance

Shares of LNSTY traded up $0.19 during trading hours on Thursday, reaching $36.84. The company’s stock had a trading volume of 289,164 shares, compared to its average volume of 371,588. The company has a 50 day moving average of $36.51 and a two-hundred day moving average of $34.95. London Stock Exchange Group has a 1-year low of $27.21 and a 1-year high of $38.38.

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.