Hannover Ruck SE (OTCMKTS:HVRRY) Sees Large Decline in Short Interest

Key Points

• Short interest fell 44.2% to 8,241 shares as of July 31, representing approximately 0.0% of Hannover Ruck’s outstanding stock and just 0.3 days of average trading volume.
• HVRRY shares rose 0.8% to $49.28, while the company reported quarterly earnings of $1.12 per share and revenue of $7.43 billion—both ahead of analyst expectations.
• Analyst sentiment remains mixed but leans positive: MarketBeat’s consensus rating is “Moderate Buy,” despite Zacks Research downgrading the stock to “strong sell” and Berenberg Bank issuing a “strong-buy” rating.

Hannover Ruck SE (OTCMKTS:HVRRY - Get Free Report) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 8,241 shares, a decrease of 44.2% from the July 15th total of 14,774 shares. Based on an average daily trading volume, of 25,050 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company's stock are short sold.

Hannover Ruck Stock Up 0.8%

Shares of HVRRY traded up $0.38 during trading hours on Monday, hitting $49.28. 1,642 shares of the company were exchanged, compared to its average volume of 23,262. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.07 and a current ratio of 0.07. The company has a market cap of $35.66 billion, a PE ratio of 12.20 and a beta of 0.20. The firm's 50 day moving average is $46.78 and its 200-day moving average is $48.49. Hannover Ruck has a 52 week low of $43.00 and a 52 week high of $55.72.

Hannover Ruck (OTCMKTS:HVRRY - Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The financial services provider reported $1.12 earnings per share for the quarter, beating analysts' consensus estimates of $1.06 by $0.06. The business had revenue of $7.43 billion for the quarter, compared to the consensus estimate of $7.23 billion. Hannover Ruck had a return on equity of 18.15% and a net margin of 9.33%. On average, equities research analysts forecast that Hannover Ruck will post 4.33 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have issued reports on the stock. Zacks Research cut shares of Hannover Ruck from a "hold" rating to a "strong sell" rating in a research note on Monday, June 22nd. Berenberg Bank upgraded shares of Hannover Ruck to a "strong-buy" rating in a report on Tuesday, May 5th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy".

About Hannover Ruck

Hannover Rück OTCMKTS: HVRRY, commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non‑proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance‑linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.

Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia‑Pacific and other global markets.

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