Aviva PLC (OTCMKTS:AVVIY) Sees Significant Growth in Short Interest

Key Points

• Aviva PLC experienced a significant 64.4% increase in short interest in September, rising to 150,800 shares compared to 91,700 shares on September 15th.
• Analyst ratings for Aviva have fluctuated, with Zacks upgrading the stock to a "strong-buy", while Keefe, Bruyette & Woods downgraded it to a "moderate sell".
• The current market consensus for Aviva's stock is a "Moderate Buy", with varying ratings from multiple research analysts influencing investor sentiment.

Aviva PLC (OTCMKTS:AVVIY - Get Free Report) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 150,800 shares, a growth of 64.4% from the September 15th total of 91,700 shares. Based on an average daily volume of 142,300 shares, the short-interest ratio is presently 1.1 days. Based on an average daily volume of 142,300 shares, the short-interest ratio is presently 1.1 days.

Analyst Ratings Changes

AVVIY has been the subject of a number of recent research reports. Zacks Research raised shares of Aviva from a "hold" rating to a "strong-buy" rating in a research note on Thursday, September 25th. Keefe, Bruyette & Woods downgraded Aviva from a "hold" rating to a "moderate sell" rating in a research report on Thursday, October 9th. Royal Bank Of Canada raised Aviva to a "moderate buy" rating in a report on Monday, October 13th. Wall Street Zen upgraded Aviva from a "hold" rating to a "buy" rating in a research report on Saturday, September 6th. Finally, Citigroup upgraded Aviva to a "hold" rating in a research report on Tuesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy".

Aviva Trading Up 0.1%

Aviva stock opened at $17.95 on Wednesday. The stock has a fifty day moving average price of $18.37 and a 200 day moving average price of $16.97. Aviva has a 52 week low of $11.49 and a 52 week high of $19.00.

About Aviva

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.

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