Zurich Insurance Group AG (OTCMKTS:ZFSVF) Short Interest Down 18.4% in October

Zurich Insurance Group AG (OTCMKTS:ZFSVF) was the recipient of a large drop in short interest in October. As of October 31st, there was short interest totalling 317,400 shares, a drop of 18.4% from the October 15th total of 388,800 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is currently 453.4 days.

Zurich Insurance Group Price Performance

Shares of OTCMKTS ZFSVF opened at $587.00 on Friday. Zurich Insurance Group has a fifty-two week low of $477.21 and a fifty-two week high of $613.87. The business has a 50-day simple moving average of $595.24 and a two-hundred day simple moving average of $554.16.

Institutional Trading of Zurich Insurance Group

An institutional investor recently raised its position in Zurich Insurance Group stock. Bridges Investment Management Inc. boosted its position in shares of Zurich Insurance Group AG (OTCMKTS:ZFSVF) by 6.9% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 4,678 shares of the company’s stock after acquiring an additional 300 shares during the quarter. Bridges Investment Management Inc.’s holdings in Zurich Insurance Group were worth $2,494,000 at the end of the most recent reporting period. 30.81% of the stock is owned by institutional investors.

Zurich Insurance Group Company Profile

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.