Axa Sa (OTCMKTS:AXAHY) Short Interest Down 71.6% in August

Key Points

• Short interest in AXA SA fell by 71.6% in August, dropping from 51,000 shares to 14,500 shares as of August 31st.
• AXA's stock price increased by 1.3% and is trading at $47.38, with a consensus rating of "Buy" from analysts.
• Barclays reissued an "overweight" rating for AXA, highlighting the company's positive outlook in the market.

Axa Sa (OTCMKTS:AXAHY - Get Free Report) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 14,500 shares, a decrease of 71.6% from the August 15th total of 51,000 shares. Based on an average daily volume of 224,200 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company's shares are sold short. Approximately 0.0% of the company's shares are sold short. Based on an average daily volume of 224,200 shares, the days-to-cover ratio is currently 0.1 days.

AXA Stock Up 1.3%

Shares of AXAHY stock opened at $47.38 on Friday. The company has a 50-day moving average of $48.22 and a two-hundred day moving average of $46.19. AXA has a 1-year low of $33.66 and a 1-year high of $50.95.

Wall Street Analysts Forecast Growth

Separately, Barclays reissued an "overweight" rating on shares of AXA in a report on Wednesday, June 11th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. According to MarketBeat, AXA currently has a consensus rating of "Buy".

AXA Company Profile

AXA SA, through its subsidiaries, provides insurance, asset management, and banking services worldwide. The company operates through six segments: France; Europe; AXA XL; Asia, Africa & EME-LATAM; AXA Investment Managers; and Transversal & Other segments It offers life and savings insurance products, such as savings and retirement, other health, and personal protection products.

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