Zurich Insurance Group AG (OTCMKTS:ZURVY) Sees Large Growth in Short Interest

Zurich Insurance Group AG (OTCMKTS:ZURVY) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 157,600 shares, an increase of 44.2% from the November 15th total of 109,300 shares. Based on an average trading volume of 205,900 shares, the days-to-cover ratio is currently 0.8 days.

Zurich Insurance Group Stock Down 1.2 %

ZURVY opened at $30.74 on Friday. Zurich Insurance Group has a 1 year low of $23.46 and a 1 year high of $32.04. The firm’s fifty day moving average price is $30.34 and its two-hundred day moving average price is $40.25.

Wall Street Analysts Forecast Growth

ZURVY has been the subject of several recent analyst 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. The Goldman Sachs Group upgraded shares of Zurich Insurance Group to a “hold” rating in a report on Wednesday, September 18th.

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.