Lloyds Banking Group PLC (LYG) Short Interest Up 26.1% in December

Lloyds Banking Group PLC (NYSE:LYG) saw a significant increase in short interest during the month of December. As of December 29th, there was short interest totalling 7,516,033 shares, an increase of 26.1% from the December 15th total of 5,962,589 shares. Based on an average daily volume of 3,683,795 shares, the short-interest ratio is presently 2.0 days.

Lloyds Banking Group (NYSE LYG) opened at $4.03 on Friday. The company has a market capitalization of $70,790.00, a P/E ratio of 16.79 and a beta of 0.76. Lloyds Banking Group has a 12 month low of $3.15 and a 12 month high of $4.05.

Lloyds Banking Group (NYSE:LYG) last posted its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.14 EPS for the quarter. Lloyds Banking Group had a return on equity of 18.38% and a net margin of 19.22%. equities research analysts predict that Lloyds Banking Group will post 0.42 EPS for the current fiscal year.

Several institutional investors have recently bought and sold shares of the stock. Fisher Asset Management LLC lifted its stake in shares of Lloyds Banking Group by 2.3% in the third quarter. Fisher Asset Management LLC now owns 119,266,160 shares of the financial services provider’s stock worth $436,514,000 after acquiring an additional 2,673,114 shares during the period. Mondrian Investment Partners LTD lifted its stake in shares of Lloyds Banking Group by 6.4% in the third quarter. Mondrian Investment Partners LTD now owns 14,836,206 shares of the financial services provider’s stock worth $54,301,000 after acquiring an additional 890,000 shares during the period. Parametric Portfolio Associates LLC lifted its stake in shares of Lloyds Banking Group by 8.1% in the third quarter. Parametric Portfolio Associates LLC now owns 9,788,783 shares of the financial services provider’s stock worth $35,827,000 after acquiring an additional 735,500 shares during the period. Capital Bank & Trust Co lifted its stake in shares of Lloyds Banking Group by 4.3% in the third quarter. Capital Bank & Trust Co now owns 6,517,212 shares of the financial services provider’s stock worth $23,853,000 after acquiring an additional 268,463 shares during the period. Finally, Wells Fargo & Company MN lifted its stake in shares of Lloyds Banking Group by 1.8% in the third quarter. Wells Fargo & Company MN now owns 3,221,781 shares of the financial services provider’s stock worth $11,792,000 after acquiring an additional 57,289 shares during the period. 2.11% of the stock is currently owned by institutional investors.

Several analysts have recently weighed in on the company. BNP Paribas upgraded Lloyds Banking Group from a “neutral” rating to an “outperform” rating in a report on Wednesday. Morgan Stanley cut Lloyds Banking Group from an “overweight” rating to an “equal” rating in a report on Wednesday, January 10th. Goldman Sachs Group restated a “sell” rating on shares of Lloyds Banking Group in a report on Tuesday, January 9th. Zacks Investment Research upgraded Lloyds Banking Group from a “sell” rating to a “hold” rating in a report on Wednesday, December 13th. Finally, UBS Group restated a “buy” rating on shares of Lloyds Banking Group in a report on Monday, December 11th. Six equities research analysts have rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company. Lloyds Banking Group has a consensus rating of “Hold” and an average target price of $4.00.

ILLEGAL ACTIVITY NOTICE: “Lloyds Banking Group PLC (LYG) Short Interest Up 26.1% in December” was first published by Ticker Report and is the sole property of of Ticker Report. If you are accessing this piece of content on another site, it was copied illegally and reposted in violation of US and international copyright and trademark law. The original version of this piece of content can be viewed at https://www.tickerreport.com/banking-finance/3145013/lloyds-banking-group-plc-lyg-short-interest-up-26-1-in-december.html.

About Lloyds Banking Group

Lloyds Banking Group plc is a provider of financial services to individual and business customers in the United Kingdom. The Company’s main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. The Company’s segments are Retail, Commercial Banking, Consumer Finance, Insurance and Other.

Receive News & Ratings for Lloyds Banking Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lloyds Banking Group and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2018 Ticker Report. Google+.