Allianz SE (OTCMKTS:ALIZY) Short Interest Up 70.5% in November

Allianz SE (OTCMKTS:ALIZY - Get Free Report) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 82,200 shares, an increase of 70.5% from the October 31st total of 48,200 shares. Based on an average trading volume of 232,400 shares, the short-interest ratio is currently 0.4 days.

Allianz Price Performance

Allianz stock remained flat at $30.36 during mid-day trading on Thursday. The company had a trading volume of 72,666 shares, compared to its average volume of 124,789. The firm's 50-day simple moving average is $31.66 and its 200-day simple moving average is $29.87. Allianz has a 12 month low of $25.01 and a 12 month high of $33.19. The firm has a market capitalization of $118.93 billion, a PE ratio of 11.59, a PEG ratio of 1.26 and a beta of 1.12.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded shares of Allianz to a "strong-buy" rating in a report on Wednesday, September 18th.

About Allianz

Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company's Property-Casualty segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel to private and corporate customers.