ageas SA/NV (OTCMKTS:AGESY) Short Interest Down 48.0% in November

ageas SA/NV (OTCMKTS:AGESY - Get Free Report) saw a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 2,600 shares, a decline of 48.0% from the November 15th total of 5,000 shares. Based on an average daily trading volume, of 7,000 shares, the days-to-cover ratio is currently 0.4 days.

ageas SA/NV Stock Performance

OTCMKTS AGESY traded down $0.34 during trading hours on Thursday, hitting $49.25. 3,141 shares of the company's stock were exchanged, compared to its average volume of 4,229. ageas SA/NV has a 12-month low of $40.42 and a 12-month high of $54.07. The business's 50 day moving average is $51.82 and its 200-day moving average is $49.80.

ageas SA/NV Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, December 13th. Investors of record on Thursday, December 5th will be given a dividend of $1.1088 per share. The ex-dividend date of this dividend is Thursday, December 5th.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods cut shares of ageas SA/NV from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, November 13th.

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.