Admiral Group plc (OTCMKTS:AMIGY) Short Interest Update

Admiral Group plc (OTCMKTS:AMIGY) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 6,800 shares, an increase of 3,300.0% from the February 28th total of 200 shares. Based on an average trading volume of 4,700 shares, the short-interest ratio is currently 1.4 days.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on AMIGY shares. Royal Bank of Canada reissued an “outperform” rating on shares of Admiral Group in a report on Monday, March 10th. Deutsche Bank Aktiengesellschaft upgraded shares of Admiral Group from a “hold” rating to a “buy” rating in a research note on Thursday, December 5th.

Admiral Group Price Performance

OTCMKTS AMIGY opened at $36.65 on Friday. Admiral Group has a twelve month low of $30.08 and a twelve month high of $39.59. The company’s 50-day simple moving average is $35.83 and its 200 day simple moving average is $34.63.

About Admiral Group

Admiral Group plc, a financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States. It operates through four segments: UK Insurance, International Insurance, Admiral Money, and Other. The company offers underwriting services, which includes motor, household, pet, travel, and other insurance, as well as car and home insurance; and unsecured personal loans and car finance products.