London Stock Exchange Group plc (OTCMKTS:LNSTY) Short Interest Up 1,883.8% in February

London Stock Exchange Group plc (OTCMKTS:LNSTY) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 601,100 shares, an increase of 1,883.8% from the February 13th total of 30,300 shares. Based on an average daily volume of 1,125,500 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the shares of the stock are sold short.

London Stock Exchange Group Stock Performance

Shares of London Stock Exchange Group stock traded up $1.54 on Wednesday, reaching $36.44. 819,337 shares of the stock were exchanged, compared to its average volume of 525,568. The firm’s 50 day moving average is $36.67 and its 200-day moving average is $35.59. London Stock Exchange Group has a one year low of $27.21 and a one year high of $38.38.

Wall Street Analysts Forecast Growth

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

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.