Hannover Ruck SE (OTCMKTS:HVRRY) Sees Significant Increase in Short Interest

Key Points

• Short interest in Hannover Ruck rose 66.8% to 13,743 shares as of August 14, up from 8,241 shares on July 30. Despite the increase, short interest represents approximately 0.0% of shares outstanding, with a days-to-cover ratio of 1.3.
• Analyst sentiment remains mixed but leans positive: two analysts rate the stock a Strong Buy, one rates it Hold, and one rates it Sell, resulting in a consensus rating of Moderate Buy.
• Hannover Ruck’s latest quarterly results exceeded expectations, with earnings per share of $1.12 versus the $1.06 consensus estimate and revenue of $7.43 billion versus expectations of $7.23 billion. Shares recently traded at $49.88, within a 12-month range of $43.00 to $55.72.

Hannover Ruck SE (OTCMKTS:HVRRY - Get Free Report) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 13,743 shares, an increase of 66.8% from the July 30th total of 8,241 shares. Based on an average daily volume of 10,807 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.0% of the company's stock are sold short.

Wall Street Analyst Weigh In

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

Hannover Ruck Stock Performance

HVRRY stock traded up $0.15 during midday trading on Monday, hitting $49.88. 3,549 shares of the company traded hands, compared to its average volume of 22,330. Hannover Ruck has a twelve month low of $43.00 and a twelve month high of $55.72. The stock has a market capitalization of $36.09 billion, a price-to-earnings ratio of 12.35 and a beta of 0.20. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.28. The business has a 50 day simple moving average of $47.79 and a 200-day simple moving average of $48.56.

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, topping analysts' consensus estimates of $1.06 by $0.06. Hannover Ruck had a net margin of 9.33% and a return on equity of 18.15%. The business had revenue of $7.43 billion during the quarter, compared to analysts' expectations of $7.23 billion. As a group, equities research analysts predict that Hannover Ruck will post 4.45 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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