ageas SA/NV (OTCMKTS:AGESY) Sees Large Decrease in Short Interest

ageas SA/NV (OTCMKTS:AGESY) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 1,700 shares, a decrease of 73.4% from the January 15th total of 6,400 shares. Based on an average daily trading volume, of 8,500 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods downgraded shares of ageas SA/NV from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, November 13th.

ageas SA/NV Trading Up 0.5 %

AGESY opened at $52.97 on Thursday. The firm has a 50-day moving average price of $49.98 and a 200-day moving average price of $50.62. ageas SA/NV has a twelve month low of $40.86 and a twelve month high of $54.07.

ageas SA/NV Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, December 5th were paid a dividend of $1.1088 per share. The ex-dividend date of this dividend was Thursday, December 5th.

ageas SA/NV Company Profile

ageas SA/NV, together with its subsidiaries, engages in insurance business. It operates in five segments: Belgium, Europe, Asia, Reinsurance, and General Account. The company offers property, casualty, and life insurance products, as well as pension products; and reinsurance products. It provides life insurance products include risks related to the life and death of individuals; and non-life insurance products comprise accident and health, motor, fire, and other property insurance products, as well as insurance services for other damages to property.