Lloyds Banking Group PLC Short Interest Down 43.2% in April (LYG)
Shares of Lloyds Banking Group PLC (NYSE:LYG) saw a significant decline in short interest in April. As of April 30th, there was short interest totalling 7,451,420 shares, a decline of 43.2% from the April 15th total of 13,115,295 shares, AnalystRatingsNetwork.com reports. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,079,603 shares, the short-interest ratio is currently 3.6 days.
A number of analysts have recently weighed in on LYG shares. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Tuesday. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Lloyds Banking Group PLC in a research note on Tuesday. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Friday, May 16th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy”.
Lloyds Banking Group PLC (NYSE:LYG) opened at 5.12 on Friday. Lloyds Banking Group PLC has a 1-year low of $3.63 and a 1-year high of $5.76. The stock’s 50-day moving average is $5.12 and its 200-day moving average is $5.22. The company’s market cap is $91.840 billion.
Lloyds Banking Group plc, is a holding company. The Company is a financial services group providing a range of banking and financial services, primarily in the United Kingdom, to personal and corporate customers.
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