Allianz SE (OTCMKTS:ALIZY) Sees Significant Growth in Short Interest

Allianz SE (OTCMKTS:ALIZY) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 181,300 shares, a growth of 174.3% from the February 28th total of 66,100 shares. Based on an average trading volume of 364,400 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the company’s shares are short sold.

Allianz Stock Performance

OTCMKTS ALIZY opened at $38.49 on Friday. The firm has a market cap of $148.64 billion, a price-to-earnings ratio of 14.69, a PEG ratio of 1.26 and a beta of 1.10. The firm has a 50 day simple moving average of $34.84 and a 200-day simple moving average of $32.58. Allianz has a one year low of $26.50 and a one year high of $39.20.

Allianz (OTCMKTS:ALIZY) last posted its quarterly earnings results on Friday, February 28th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.63 by $0.04. Allianz had a net margin of 5.54% and a return on equity of 16.34%. The business had revenue of $29.61 billion during the quarter. Equities analysts predict that Allianz will post 2.63 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Citigroup reissued a “neutral” rating on shares of Allianz in a research report on Tuesday, March 4th.

About Allianz

Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company’s Property-Casualty segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel to private and corporate customers.