Ledyard Financial Group, Inc. (OTCMKTS:LFGP) Stock Short Interest Jumps 29,275.0%

Ledyard Financial Group, Inc. (OTCMKTS:LFGP) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 1,175 shares, a growth of 29,275.0% from the September 30th total of 4 shares. Based on an average trading volume of 2,311 shares, the days-to-cover ratio is currently 0.5 days.

Ledyard Financial Group Price Performance

Shares of OTCMKTS LFGP traded down $0.01 during midday trading on Monday, reaching $21.19. 5,215 shares of the stock were exchanged, compared to its average volume of 4,467. Ledyard Financial Group has a twelve month low of $13.45 and a twelve month high of $22.50. The firm has a 50-day simple moving average of $22.04 and a two-hundred day simple moving average of $19.63.

Ledyard Financial Group Company Profile

Ledyard Financial Group, Inc is the bank holding company for Ledyard National Bank, a community banking institution headquartered in Hanover, New Hampshire. Founded in 1851, Ledyard National Bank provides financial services to individuals, families, businesses, nonprofit organizations and municipalities.

The company’s services include checking and savings accounts, consumer and residential lending, commercial loans, mortgages, cash-management services and online banking. Through its wealth-management operations, Ledyard also offers investment management, trust administration, financial planning and related fiduciary services.

Ledyard primarily serves communities in New Hampshire and Vermont, with a focus on the Upper Valley region.