Aviva plc (OTCMKTS:AVVIY) Short Interest Down 75.8% in December

Aviva plc (OTCMKTS:AVVIY) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 14,700 shares, a drop of 75.8% from the December 15th total of 60,800 shares. Based on an average daily volume of 77,800 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on AVVIY. BNP Paribas raised shares of Aviva from a “strong sell” rating to a “hold” rating in a research report on Thursday, December 5th. The Goldman Sachs Group raised Aviva to a “strong-buy” rating in a research report on Wednesday, September 18th. Keefe, Bruyette & Woods upgraded shares of Aviva from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, November 27th. Hsbc Global Res upgraded shares of Aviva from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 15th. Finally, Royal Bank of Canada upgraded shares of Aviva to a “moderate buy” rating in a report on Thursday, October 3rd. One equities research analyst has rated the stock with a hold rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

Aviva Stock Performance

Shares of AVVIY stock opened at $11.59 on Tuesday. The business has a 50 day moving average of $12.09 and a two-hundred day moving average of $12.55. Aviva has a 52 week low of $10.50 and a 52 week high of $13.58.

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.