Hannover Ruck SE (OTCMKTS:HVRRY) Short Interest Up 79.0% in March

Key Points

• Short interest up 79% — short interest rose to 27,118 shares as of March 13 (from 15,151 on Feb 26), with a days-to-cover ratio of 0.4 based on average daily volume.
• Quarterly beat — Hannover Rück reported EPS of $1.09 versus $1.03 expected and revenue of $10.39B versus $7.99B expected, with a net margin of 9.92% and ROE of 20.87%.
• Stock snapshot: shares opened at $49.43 (down 0.5%), market cap about $35.77B, P/E 11.91, and a 52-week range of $44.67–$55.40.

Hannover Ruck SE (OTCMKTS:HVRRY - Get Free Report) was the recipient of a large growth in short interest in March. As of March 13th, there was short interest totaling 27,118 shares, a growth of 79.0% from the February 26th total of 15,151 shares. Based on an average daily trading volume, of 63,188 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company's stock are short sold.

Hannover Ruck Stock Down 0.5%

Shares of HVRRY opened at $49.43 on Friday. The firm has a market cap of $35.77 billion, a P/E ratio of 11.91 and a beta of 0.32. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.14 and a current ratio of 0.14. Hannover Ruck has a 52 week low of $44.67 and a 52 week high of $55.40. The firm's 50-day simple moving average is $48.84 and its 200 day simple moving average is $49.37.

Hannover Ruck (OTCMKTS:HVRRY - Get Free Report) last issued its quarterly earnings data on Thursday, March 12th. The financial services provider reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.06. The business had revenue of $10.39 billion during the quarter, compared to analysts' expectations of $7.99 billion. Hannover Ruck had a net margin of 9.92% and a return on equity of 20.87%. On average, analysts forecast that Hannover Ruck will post 3.42 earnings per share for the current year.

Hannover Ruck Company Profile

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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