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

Zurich Insurance Group logo with Finance background

Zurich Insurance Group AG (OTCMKTS:ZURVY - Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 72,300 shares, a growth of 17.8% from the September 30th total of 61,400 shares. Based on an average daily volume of 157,400 shares, the short-interest ratio is presently 0.5 days.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ZURVY shares. The Goldman Sachs Group raised Zurich Insurance Group to a "hold" rating in a research report on Wednesday, September 18th. BNP Paribas cut Zurich Insurance Group from a "hold" rating to a "strong sell" rating in a research report on Thursday, October 3rd.

Check Out Our Latest Analysis on ZURVY

Zurich Insurance Group Price Performance

Shares of OTCMKTS ZURVY traded up $0.33 during trading hours on Monday, reaching $30.27. 89,976 shares of the stock were exchanged, compared to its average volume of 105,859. Zurich Insurance Group has a 52 week low of $23.46 and a 52 week high of $30.70. The stock's fifty day simple moving average is $30.84 and its 200 day simple moving average is $44.68.

About Zurich Insurance Group

(Get Free Report)

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.

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