Zurich Insurance Group AG (OTCMKTS:ZURVY) Sees Significant Drop in Short Interest

Zurich Insurance Group AG (OTCMKTS:ZURVY - Get Free Report) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 30,700 shares, a decline of 46.1% from the February 13th total of 57,000 shares. Based on an average daily trading volume, of 718,500 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company's shares are short sold.

Wall Street Analyst Weigh In

Separately, UBS Group downgraded shares of Zurich Insurance Group from a "hold" rating to a "strong sell" rating in a research report on Thursday, December 19th.

Zurich Insurance Group Stock Performance

Zurich Insurance Group stock traded down $0.01 during mid-day trading on Tuesday, hitting $34.55. 92,990 shares of the company's stock were exchanged, compared to its average volume of 210,210. Zurich Insurance Group has a fifty-two week low of $23.46 and a fifty-two week high of $34.70. The company's 50 day simple moving average is $31.44 and its 200-day simple moving average is $30.63.

About Zurich Insurance Group

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.