Zurich Insurance Group AG (OTCMKTS:ZURVY) Sees Large Decline in Short Interest

Zurich Insurance Group AG (OTCMKTS:ZURVY) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 96,400 shares, a decrease of 60.8% from the December 31st total of 245,900 shares. Based on an average daily volume of 230,400 shares, the days-to-cover ratio is currently 0.4 days.

Zurich Insurance Group Trading Up 0.3 %

Shares of Zurich Insurance Group stock opened at $30.50 on Wednesday. The stock has a fifty day simple moving average of $30.39 and a 200 day simple moving average of $34.78. Zurich Insurance Group has a 12-month low of $23.46 and a 12-month high of $32.04.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. UBS Group lowered Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 19th. BNP Paribas lowered Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 3rd.

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.