Short Interest in Allianz SE (OTCMKTS:ALIZY) Increases By 211.8%

Key Points

• Allianz SE experienced a significant increase in short interest, rising by 211.8% to 275,300 shares by August 31 from 88,300 shares on August 15.
• The company's latest quarterly earnings report showed an EPS of $0.84, exceeding estimates and a revenue of $30.17 billion, well above the consensus of $22.53 billion.
• Analyst ratings have been mixed, with some downgrades resulting in an average rating of "Reduce" for Allianz shares.

Allianz SE (OTCMKTS:ALIZY - Get Free Report) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 275,300 shares, an increase of 211.8% from the August 15th total of 88,300 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 505,000 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 505,000 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the shares of the stock are short sold.

Allianz Stock Down 0.9%

Shares of ALIZY traded down $0.39 during trading hours on Wednesday, reaching $40.81. 76,067 shares of the stock traded hands, compared to its average volume of 210,380. The company has a market cap of $157.59 billion, a price-to-earnings ratio of 14.37, a PEG ratio of 1.24 and a beta of 0.93. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 1.07. Allianz has a 52 week low of $29.74 and a 52 week high of $44.25. The stock has a fifty day simple moving average of $41.41 and a 200 day simple moving average of $39.94.

Allianz (OTCMKTS:ALIZY - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.80 by $0.04. The business had revenue of $30.17 billion for the quarter, compared to analyst estimates of $22.53 billion. Allianz had a net margin of 5.47% and a return on equity of 16.58%. On average, equities analysts forecast that Allianz will post 2.63 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Barclays cut 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 research note on Monday, June 9th. The Goldman Sachs Group cut Allianz from a "buy" rating to a "neutral" rating in a research note on Tuesday, May 20th. Finally, Dbs Bank upgraded Allianz from a "strong sell" rating to a "moderate sell" rating in a research note on Wednesday, May 28th. Four analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Allianz presently has a consensus rating of "Reduce".

Allianz Company Profile

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.