Zurich Insurance Group AG (OTCMKTS:ZURVY) Sees Significant Growth in Short Interest

Zurich Insurance Group AG (OTCMKTS:ZURVY) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 57,000 shares, an increase of 247.6% from the January 31st total of 16,400 shares. Based on an average daily trading volume, of 196,700 shares, the days-to-cover ratio is presently 0.3 days.

Zurich Insurance Group Stock Performance

Shares of ZURVY stock opened at $32.92 on Friday. The stock’s fifty day moving average is $30.60 and its 200-day moving average is $31.17. Zurich Insurance Group has a 52 week low of $23.46 and a 52 week high of $33.06.

Analyst Upgrades and Downgrades

Separately, UBS Group lowered Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a report on Thursday, December 19th.

Zurich Insurance Group Company Profile

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.