Allianz SE (OTCMKTS:ALIZY) Short Interest Up 183.7% in October

Allianz SE (OTCMKTS:ALIZY) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totalling 53,900 shares, a growth of 183.7% from the September 30th total of 19,000 shares. Based on an average trading volume of 153,600 shares, the short-interest ratio is currently 0.4 days.

Allianz Trading Down 1.1 %

Shares of ALIZY opened at $31.55 on Friday. The company has a market cap of $123.59 billion, a price-to-earnings ratio of 12.98, a PEG ratio of 1.21 and a beta of 1.12. The company’s fifty day simple moving average is $31.77 and its 200 day simple moving average is $29.48. Allianz has a 1-year low of $22.91 and a 1-year high of $33.19.

Allianz (OTCMKTS:ALIZY) last issued its earnings results on Thursday, August 8th. The company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.02. Allianz had a net margin of 5.48% and a return on equity of 15.52%. The company had revenue of $27.38 billion for the quarter. As a group, research analysts forecast that Allianz will post 2.66 earnings per share for the current year.

Analysts Set New Price Targets

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

About Allianz

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.