Allianz SE (OTCMKTS:ALIZY) Sees Large Decrease in Short Interest

Allianz SE (OTCMKTS:ALIZY) was the recipient of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 48,200 shares, a drop of 10.6% from the October 15th total of 53,900 shares. Based on an average daily volume of 165,800 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

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

Allianz Price Performance

Shares of OTCMKTS ALIZY opened at $30.30 on Friday. Allianz has a 1-year low of $24.43 and a 1-year high of $33.19. The business’s fifty day moving average price is $31.86 and its two-hundred day moving average price is $29.78. The firm has a market capitalization of $118.69 billion, a PE ratio of 11.56, a P/E/G ratio of 1.23 and a beta of 1.12.

Allianz Company Profile

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.