Zurich Insurance Group AG (OTCMKTS:ZURVY) Short Interest Down 60.8% in December

Zurich Insurance Group AG (OTCMKTS:ZURVY - Get Free Report) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 96,400 shares, a drop of 60.8% from the December 15th total of 245,900 shares. Based on an average daily volume of 230,400 shares, the days-to-cover ratio is currently 0.4 days.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. The Goldman Sachs Group raised Zurich Insurance Group to a "hold" rating in a research note 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. Finally, UBS Group cut Zurich Insurance Group from a "hold" rating to a "strong sell" rating in a research report on Thursday, December 19th.

Zurich Insurance Group Trading Down 3.6 %

ZURVY stock traded down $1.07 during mid-day trading on Monday, hitting $29.05. 155,239 shares of the company were exchanged, compared to its average volume of 126,040. Zurich Insurance Group has a 1-year low of $23.46 and a 1-year high of $32.04. The business has a 50 day simple moving average of $30.41 and a 200-day simple moving average of $36.60.

Zurich Insurance Group Company Profile

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.