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

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

Analyst Ratings Changes

ZURVY has been the topic of a number of recent analyst reports. UBS Group lowered Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, December 19th. BNP Paribas lowered Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 3rd.

Zurich Insurance Group Price Performance

Shares of ZURVY opened at $30.50 on Wednesday. Zurich Insurance Group has a 52-week low of $23.46 and a 52-week high of $32.04. The business’s 50 day moving average price is $30.39 and its two-hundred day moving average price is $34.78.

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.