The LGL Group, Inc. (NYSEAMERICAN:LGL) Short Interest Down 38.7% in January

The LGL Group, Inc. (NYSEAMERICAN:LGL) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 8,700 shares, a decline of 38.7% from the December 31st total of 14,200 shares. Based on an average trading volume of 5,400 shares, the short-interest ratio is currently 1.6 days. Currently, 0.2% of the company’s shares are short sold.

The LGL Group Trading Down 0.4 %

Shares of NYSEAMERICAN:LGL traded down $0.03 during trading on Wednesday, reaching $6.80. The company had a trading volume of 1,978 shares, compared to its average volume of 8,315. The firm has a market cap of $36.40 million, a P/E ratio of -1.79, a PEG ratio of 1.42 and a beta of 0.60. The LGL Group has a fifty-two week low of $4.86 and a fifty-two week high of $6.99.

The LGL Group Company Profile

The LGL Group, Inc, together with its subsidiaries, engages in the design, manufacture, and marketing of time and frequency instruments in the United States and internationally. It operates in two segments, Electronic Instruments and Merchant Investment. The company offers frequency and time reference standards; radio frequency (RF), digital, and optical time code distribution amplifiers; Network Time Protocol (NTP) servers; and redundancy auto switches.