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

ageas SA/NV (OTCMKTS:AGESY) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totalling 1,800 shares, an increase of 800.0% from the June 30th total of 200 shares. Based on an average trading volume of 5,100 shares, the days-to-cover ratio is presently 0.4 days.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group assumed coverage on shares of ageas SA/NV in a report on Wednesday, May 29th. They set a “neutral” rating on the stock.

ageas SA/NV Stock Performance

AGESY opened at $46.90 on Thursday. The firm’s 50-day moving average price is $47.96 and its 200-day moving average price is $45.57. ageas SA/NV has a 52-week low of $37.91 and a 52-week high of $52.50.

ageas SA/NV Increases Dividend

The company also recently announced a dividend, which was paid on Friday, June 14th. Investors of record on Thursday, June 6th were given a $1.3185 dividend. The ex-dividend date of this dividend was Thursday, June 6th. This is a positive change from ageas SA/NV’s previous dividend of $1.12.

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.