The LGL Group, Inc. (NYSEAMERICAN:LGL) Short Interest Update

The LGL Group, Inc. (NYSEAMERICAN:LGL) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 10,800 shares, a decrease of 32.9% from the February 13th total of 16,100 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 4,900 shares, the short-interest ratio is currently 2.2 days.

The LGL Group Trading Up 3.4 %

The LGL Group stock traded up $0.22 during midday trading on Monday, reaching $6.60. The company had a trading volume of 12,137 shares, compared to its average volume of 4,943. The LGL Group has a 12-month low of $4.86 and a 12-month high of $7.01. The firm has a market capitalization of $35.33 million, a PE ratio of -1.74, a P/E/G ratio of 1.42 and a beta of 0.60.

About The LGL Group

The LGL Group, Inc, together with its subsidiaries, engages in the design, manufacture, and marketing of time and frequency instruments in the United States and internationally. It operates in two segments, Electronic Instruments and Merchant Investment. The company offers frequency and time reference standards; radio frequency (RF), digital, and optical time code distribution amplifiers; Network Time Protocol (NTP) servers; and redundancy auto switches.