Aviva plc (OTCMKTS:AVVIY) Short Interest Up 12.3% in January

Aviva plc (OTCMKTS:AVVIY) saw a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 54,600 shares, an increase of 12.3% from the January 15th total of 48,600 shares. Based on an average daily trading volume, of 53,700 shares, the days-to-cover ratio is currently 1.0 days.

Wall Street Analysts Forecast Growth

AVVIY has been the subject of a number of research reports. BNP Paribas upgraded Aviva from a “strong sell” rating to a “hold” rating in a research note on Thursday, December 5th. Hsbc Global Res upgraded Aviva from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 15th. Finally, Keefe, Bruyette & Woods upgraded Aviva from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, November 27th. One investment analyst has rated the stock with a hold rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy”.

Aviva Stock Performance

Aviva stock opened at $12.98 on Friday. Aviva has a 12 month low of $10.82 and a 12 month high of $13.58. The business has a 50 day simple moving average of $12.26 and a 200-day simple moving average of $12.56.

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.