Short Interest in ageas SA/NV (OTCMKTS:AGESY) Declines By 8.2%

ageas SA/NV (OTCMKTS:AGESY - Get Free Report) saw a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 4,500 shares, a decline of 8.2% from the October 15th total of 4,900 shares. Based on an average daily volume of 3,300 shares, the short-interest ratio is presently 1.4 days.

ageas SA/NV Stock Performance

AGESY traded up $0.51 on Friday, reaching $51.33. 5,508 shares of the company traded hands, compared to its average volume of 4,975. The stock's 50 day moving average price is $52.53 and its 200-day moving average price is $49.64. ageas SA/NV has a 52-week low of $40.42 and a 52-week high of $54.07.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods downgraded ageas SA/NV from a "moderate buy" rating to a "hold" rating in a report on Wednesday.

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.