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

Zurich Insurance Group AG (OTCMKTS:ZURVY) was the recipient of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 16,400 shares, a drop of 48.4% from the January 15th total of 31,800 shares. Based on an average daily trading volume, of 491,300 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, UBS Group downgraded shares of Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 19th.

Zurich Insurance Group Trading Up 0.2 %

Shares of Zurich Insurance Group stock opened at $31.33 on Thursday. The firm has a fifty day moving average of $30.31 and a two-hundred day moving average of $33.01. Zurich Insurance Group has a 52 week low of $23.46 and a 52 week high of $32.04.

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.