Short Interest in Allianz SE (OTCMKTS:ALIZY) Grows By 100.9%

Allianz SE (OTCMKTS:ALIZY) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 44,400 shares, a growth of 100.9% from the November 30th total of 22,100 shares. Based on an average daily volume of 290,400 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded Allianz to a “strong-buy” rating in a research note on Wednesday, September 18th.

Allianz Stock Up 0.3 %

ALIZY stock traded up $0.10 during midday trading on Friday, hitting $30.82. The company’s stock had a trading volume of 104,597 shares, compared to its average volume of 125,671. Allianz has a 12 month low of $26.05 and a 12 month high of $33.19. The company has a 50 day moving average of $31.09 and a two-hundred day moving average of $30.21. The firm has a market capitalization of $120.73 billion, a price-to-earnings ratio of 11.76, a price-to-earnings-growth ratio of 1.33 and a beta of 1.11.

About Allianz

Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company’s Property-Casualty segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel to private and corporate customers.