Aviva PLC (OTCMKTS:AVVIY) Short Interest Update

Key Points

• Short Interest Drop: Aviva PLC experienced a significant decline in short interest, falling by 79.3% from 336,500 shares on August 15 to 69,800 shares by August 31.
• Stock Performance: Aviva's stock price increased by 0.8%, opening at $18.53, with a 52-week range between $11.49 and $19.00.
• Analyst Ratings: The consensus rating for Aviva is "Moderate Buy," with recent changes including Barclays downgrading the stock and Wall Street Zen upgrading it to a "buy" rating.

Aviva PLC (OTCMKTS:AVVIY - Get Free Report) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 69,800 shares, a decrease of 79.3% from the August 15th total of 336,500 shares. Based on an average daily volume of 157,100 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 157,100 shares, the days-to-cover ratio is presently 0.4 days.

Analysts Set New Price Targets

AVVIY has been the topic of a number of recent research reports. Citigroup raised Aviva to a "hold" rating in a report on Tuesday, July 15th. Wall Street Zen raised shares of Aviva from a "hold" rating to a "buy" rating in a report on Saturday, September 6th. Finally, Barclays cut shares of Aviva from a "strong-buy" rating to a "hold" rating in a research note on Monday, June 16th. Two research analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy".

Aviva Stock Performance

Shares of OTCMKTS AVVIY traded down $0.03 during mid-day trading on Wednesday, hitting $18.41. 94,257 shares of the company's stock traded hands, compared to its average volume of 38,996. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.67. Aviva has a 1 year low of $11.49 and a 1 year high of $19.00. The company's 50-day moving average is $17.87 and its two-hundred day moving average is $16.26.

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.