London Stock Exchange Group plc (OTCMKTS:LDNXF – Get Rating) was the target of a significant growth in short interest in August. As of August 15th, there was short interest totalling 475,800 shares, a growth of 5.5% from the July 31st total of 451,100 shares. Based on an average daily volume of 5,600 shares, the days-to-cover ratio is currently 85.0 days.
Wall Street Analysts Forecast Growth
Separately, Credit Suisse Group lowered their price target on shares of London Stock Exchange Group from GBX 9,000 ($108.75) to GBX 8,900 ($107.54) in a report on Tuesday, July 5th.
Get London Stock Exchange Group alerts:London Stock Exchange Group Price Performance
Shares of OTCMKTS:LDNXF opened at $95.74 on Wednesday. London Stock Exchange Group has a 1-year low of $78.26 and a 1-year high of $115.41. The firm's 50 day simple moving average is $96.00 and its two-hundred day simple moving average is $95.61.
About London Stock Exchange Group
(Get Rating)London Stock Exchange Group plc engages in the market infrastructure business primarily in the United Kingdom, the United States, other European countries, Asia, and internationally. The company operates through three segments: Data & Analytics, Capital Markets, and Post Trade. It operates a range of international equity, fixed income, exchange-traded funds/exchange-trading, and foreign exchange markets, including London Stock Exchange, AIM, Turquoise, CurveGlobal, FXall, and Tradeweb.
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