Short Interest in Allianz SE (OTCMKTS:ALIZY) Expands By 206.8%

Key Points

• Allianz SE experienced a substantial increase in short interest, rising by 206.8% in July, totaling 67,500 shares compared to 22,000 shares in June.
• The company announced a recently increased dividend of $1.1993 per share, up from $1.03, with a dividend yield of 283.0%.
• Analyst ratings show a mixed outlook, with most analysts giving Allianz a "hold" rating, while some have downgraded their positions amid varied economic expectations.

Allianz SE (OTCMKTS:ALIZY - Get Free Report) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 67,500 shares, agrowthof206.8% from the June 30th total of 22,000 shares. Based on an average trading volume of 448,800 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 448,800 shares, the short-interest ratio is currently 0.2 days.

Allianz Stock Up 3.3%

ALIZY stock traded up $1.35 during midday trading on Thursday, reaching $42.47. 114,127 shares of the company were exchanged, compared to its average volume of 210,436. Allianz has a 1-year low of $27.59 and a 1-year high of $43.04. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.36 and a current ratio of 1.36. The stock's 50-day simple moving average is $39.95 and its 200 day simple moving average is $38.04. The company has a market cap of $164.01 billion, a price-to-earnings ratio of 15.79, a price-to-earnings-growth ratio of 1.23 and a beta of 0.92.

Allianz (OTCMKTS:ALIZY - Get Free Report) last issued its quarterly earnings data on Thursday, August 14th. The company reported $0.84 EPS for the quarter, topping analysts' consensus estimates of $0.78 by $0.06. Allianz had a return on equity of 16.27% and a net margin of 5.34%. On average, equities analysts forecast that Allianz will post 2.63 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Citigroup reaffirmed a "neutral" rating on shares of Allianz in a report on Friday, May 16th. Dbs Bank upgraded shares of Allianz from a "strong sell" rating to a "moderate sell" rating in a report on Wednesday, May 28th. Barclays cut shares of Allianz from a "hold" rating to a "strong sell" rating in a research note on Thursday, June 12th. Keefe, Bruyette & Woods cut Allianz from a "moderate buy" rating to a "hold" rating in a report on Monday, June 9th. Finally, The Goldman Sachs Group cut Allianz from a "buy" rating to a "neutral" rating in a research report on Tuesday, May 20th. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company's stock. According to MarketBeat.com, Allianz currently has an average rating of "Hold".

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.