Short Interest in London Stock Exchange Group plc (OTCMKTS:LNSTY) Decreases By 88.3%

London Stock Exchange Group plc (OTCMKTS:LNSTY) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 30,300 shares, a decline of 88.3% from the January 31st total of 260,000 shares. Based on an average daily volume of 811,600 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

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

OTCMKTS:LNSTY traded up $0.33 during mid-day trading on Friday, reaching $37.88. 241,122 shares of the company’s stock were exchanged, compared to its average volume of 511,821. London Stock Exchange Group has a one year low of $27.21 and a one year high of $38.38. The business’s fifty day simple moving average is $36.53 and its two-hundred day simple moving average is $35.33.

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.