Zurich Insurance Group AG (OTCMKTS:ZURVY – Get Free Report) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 109,300 shares, an increase of 43.4% from the October 31st total of 76,200 shares. Based on an average daily volume of 208,600 shares, the days-to-cover ratio is presently 0.5 days.
Zurich Insurance Group Trading Up 0.5 %
Shares of OTCMKTS ZURVY opened at $31.33 on Friday. Zurich Insurance Group has a 12 month low of $23.46 and a 12 month high of $31.48. The stock has a 50 day moving average of $30.11 and a 200-day moving average of $41.55.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on ZURVY. The Goldman Sachs Group raised Zurich Insurance Group to a “hold” rating in a research report on Wednesday, September 18th. BNP Paribas lowered Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 3rd.
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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