Aviva plc (OTCMKTS:AVVIY) Short Interest Up 94.6% in October

Aviva plc (OTCMKTS:AVVIY) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 43,600 shares, a growth of 94.6% from the September 30th total of 22,400 shares. Based on an average daily trading volume, of 54,100 shares, the short-interest ratio is presently 0.8 days.

Aviva Price Performance

Aviva stock opened at $12.11 on Friday. The company’s 50 day simple moving average is $13.05 and its 200 day simple moving average is $12.59. Aviva has a fifty-two week low of $9.68 and a fifty-two week high of $13.58.

Aviva Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, October 23rd. Stockholders of record on Friday, September 6th were given a dividend of $0.2854 per share. The ex-dividend date was Friday, September 6th.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Royal Bank of Canada upgraded Aviva to a “moderate buy” rating in a research report on Thursday, October 3rd. The Goldman Sachs Group raised Aviva to a “strong-buy” rating in a research note on Wednesday, September 18th.

Aviva Company Profile

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.