Zurich Insurance Group AG (OTCMKTS:ZURVY – Get Free Report) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 72,300 shares, a growth of 17.8% from the September 30th total of 61,400 shares. Based on an average trading volume of 157,400 shares, the short-interest ratio is currently 0.5 days.
Zurich Insurance Group Trading Up 1.1 %
Shares of OTCMKTS ZURVY opened at $30.27 on Tuesday. The firm has a 50-day simple moving average of $30.32 and a 200-day simple moving average of $44.53. Zurich Insurance Group has a 52 week low of $23.46 and a 52 week high of $30.70.
Analyst Ratings Changes
A number of analysts have recently commented on the company. BNP Paribas cut Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 3rd. The Goldman Sachs Group upgraded shares of Zurich Insurance Group to a “hold” rating in a research report on Wednesday, September 18th.
About Zurich Insurance Group
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.
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