Aviva plc (OTCMKTS:AVVIY) Short Interest Update

Aviva plc (OTCMKTS:AVVIY) was the recipient of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 4,500 shares, a drop of 89.7% from the October 15th total of 43,600 shares. Based on an average daily volume of 62,400 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Royal Bank of Canada upgraded shares of Aviva to a “moderate buy” rating in a research note on Thursday, October 3rd. The Goldman Sachs Group raised shares of Aviva to a “strong-buy” rating in a report on Wednesday, September 18th.

Aviva Trading Up 0.2 %

Shares of Aviva stock traded up $0.02 on Tuesday, hitting $11.96. 48,443 shares of the company traded hands, compared to its average volume of 30,646. The business has a 50-day simple moving average of $12.76 and a 200 day simple moving average of $12.62. Aviva has a 52 week low of $10.27 and a 52 week high of $13.58.

Aviva Cuts Dividend

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

About Aviva

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.