Zurich Insurance Group AG (OTCMKTS:ZURVY) Sees Significant Decrease in Short Interest

Zurich Insurance Group AG (OTCMKTS:ZURVY) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totalling 96,400 shares, a drop of 60.8% from the December 31st total of 245,900 shares. Based on an average daily volume of 230,400 shares, the short-interest ratio is presently 0.4 days.

Zurich Insurance Group Stock Up 0.5 %

Shares of ZURVY stock opened at $30.66 on Thursday. The stock’s 50-day moving average is $30.40 and its 200 day moving average is $34.61. Zurich Insurance Group has a 1-year low of $23.46 and a 1-year high of $32.04.

Analysts Set New Price Targets

ZURVY has been the topic of several recent research reports. BNP Paribas cut shares of Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 3rd. UBS Group downgraded Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 19th.

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.