Short Interest in Zurich Insurance Group AG (OTCMKTS:ZURVY) Grows By 56.0%

Zurich Insurance Group AG (OTCMKTS:ZURVY) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 245,900 shares, a growth of 56.0% from the November 30th total of 157,600 shares. Based on an average daily volume of 174,400 shares, the short-interest ratio is presently 1.4 days.

Zurich Insurance Group Stock Performance

ZURVY stock opened at $29.94 on Monday. Zurich Insurance Group has a fifty-two week low of $23.46 and a fifty-two week high of $32.04. The business has a 50 day moving average price of $30.42 and a 200 day moving average price of $38.29.

Wall Street Analyst Weigh In

ZURVY has been the subject of a number of research reports. UBS Group cut shares of Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a report on Thursday, December 19th. The Goldman Sachs Group raised shares of Zurich Insurance Group to a “hold” rating in a research report on Wednesday, September 18th. Finally, BNP Paribas lowered Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 3rd.

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.