Hannover Rück SE (OTCMKTS:HVRRY) Sees Significant Growth in Short Interest

Hannover Rück SE (OTCMKTS:HVRRY - Get Free Report) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 4,900 shares, an increase of 188.2% from the October 15th total of 1,700 shares. Based on an average daily volume of 5,600 shares, the short-interest ratio is presently 0.9 days.

Hannover Rück Price Performance

OTCMKTS:HVRRY traded down $0.11 on Wednesday, hitting $42.46. The company had a trading volume of 5,849 shares, compared to its average volume of 4,952. The stock has a market capitalization of $30.72 billion, a price-to-earnings ratio of 12.60 and a beta of 0.74. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.42. The firm has a 50 day moving average of $45.76 and a two-hundred day moving average of $43.53. Hannover Rück has a 52 week low of $36.76 and a 52 week high of $48.42.

About Hannover Rück

Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments.