Short Interest in Ledyard Financial Group, Inc. (OTCMKTS:LFGP) Increases By 133.3%

Ledyard Financial Group, Inc. (OTCMKTS:LFGP) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 700 shares, an increase of 133.3% from the March 15th total of 300 shares. Based on an average trading volume of 2,900 shares, the days-to-cover ratio is presently 0.2 days.

Ledyard Financial Group Price Performance

OTCMKTS:LFGP opened at $14.98 on Wednesday. The firm has a 50-day moving average of $15.02 and a two-hundred day moving average of $14.71. Ledyard Financial Group has a 1-year low of $12.65 and a 1-year high of $15.50.

Ledyard Financial Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, February 26th were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Wednesday, February 26th. This represents a $0.84 dividend on an annualized basis and a yield of 5.61%.

About Ledyard Financial Group

Ledyard Financial Group, Inc operates as the bank holding company for Ledyard National Bank that provides retail and commercial banking, and wealth advisory services in New Hampshire and Vermont. It offers checking, savings, individual retirement, money market, NOW, and health saving accounts; and debit, ATM, and credit cards.