Short Interest in Aviva plc (OTCMKTS:AVVIY) Expands By 94.6%

Aviva plc (OTCMKTS:AVVIY - Get Free Report) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 43,600 shares, a growth of 94.6% from the September 30th total of 22,400 shares. Based on an average daily volume of 54,100 shares, the short-interest ratio is currently 0.8 days.

Aviva Price Performance

OTCMKTS:AVVIY traded down $0.33 during trading hours on Friday, reaching $12.11. 16,057 shares of the company traded hands, compared to its average volume of 30,251. The firm's 50-day moving average is $13.05 and its 200-day moving average is $12.59. Aviva has a 1-year low of $9.68 and a 1-year high of $13.58.

Aviva Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, October 23rd. Stockholders of record on Friday, September 6th were issued a dividend of $0.2854 per share. The ex-dividend date was Friday, September 6th.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Royal Bank of Canada upgraded Aviva to a "moderate buy" rating in a research report on Thursday, October 3rd. The Goldman Sachs Group upgraded Aviva to a "strong-buy" rating in a research report on Wednesday, September 18th.

About Aviva

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.