AXA SA (OTCMKTS:AXAHY) Sees Large Decrease in Short Interest

AXA SA (OTCMKTS:AXAHY - Get Free Report) was the target of a large decline in short interest in May. As of May 15th, there was short interest totalling 18,000 shares, a decline of 92.4% from the April 30th total of 235,800 shares. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 472,000 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

AXAHY has been the topic of several research reports. The Goldman Sachs Group raised AXA from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 2nd. Morgan Stanley reaffirmed an "overweight" rating on shares of AXA in a research report on Wednesday, March 5th.

AXA Price Performance

Shares of AXAHY stock traded down $0.13 during trading hours on Friday, hitting $47.16. 50,884 shares of the company's stock traded hands, compared to its average volume of 154,380. The stock's fifty day simple moving average is $44.93 and its two-hundred day simple moving average is $40.11. AXA has a 12-month low of $31.04 and a 12-month high of $48.26.

AXA Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, May 22nd. Stockholders of record on Monday, May 5th were issued a dividend of $2.0192 per share. The ex-dividend date of this dividend was Friday, May 2nd. This represents a dividend yield of 4.31%.

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.