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

Zurich Insurance Group AG (OTCMKTS:ZURVY) was the target of a significant growth in short interest in November. As of November 30th, there was short interest totalling 157,600 shares, a growth of 44.2% from the November 15th total of 109,300 shares. Based on an average trading volume of 205,900 shares, the short-interest ratio is currently 0.8 days.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. The Goldman Sachs Group upgraded shares of 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 report on Thursday, October 3rd.

Zurich Insurance Group Trading Up 1.0 %

Shares of OTCMKTS:ZURVY opened at $31.04 on Friday. Zurich Insurance Group has a 12-month low of $23.46 and a 12-month high of $32.04. The business’s fifty day simple moving average is $30.39 and its 200-day simple moving average is $39.96.

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.