Zurich Insurance Group AG (OTCMKTS:ZURVY) Short Interest Update

Zurich Insurance Group AG (OTCMKTS:ZURVY) was the recipient of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 96,400 shares, a drop of 60.8% from the December 15th total of 245,900 shares. Based on an average daily trading volume, of 230,400 shares, the short-interest ratio is currently 0.4 days.

Zurich Insurance Group Price Performance

Shares of OTCMKTS:ZURVY traded down $1.07 during midday trading on Monday, hitting $29.05. 155,239 shares of the stock were exchanged, compared to its average volume of 126,040. Zurich Insurance Group has a 52-week low of $23.46 and a 52-week high of $32.04. The business’s fifty day simple moving average is $30.41 and its two-hundred day simple moving average is $36.60.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. UBS Group lowered shares of Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 19th. BNP Paribas cut Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a report on Thursday, October 3rd. Finally, The Goldman Sachs Group raised Zurich Insurance Group to a “hold” rating in a research note on Wednesday, September 18th.

About Zurich Insurance Group

Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company operates through Property & Casualty Regions, Life Regions, Farmers, Group Functions and Operations, and Non-Core Businesses segments.