Ageas SA (OTCMKTS:AGESY) Sees Large Decline in Short Interest

Key Points

• Short interest in Ageas SA decreased by 54.3% in July, dropping from 4,600 shares to 2,100 shares.
• The company recently declared a dividend of $1.5908 per share, representing a yield of 405.0%, which marks an increase from its previous dividend of $1.11.
• Ageas SA's stock is currently trading at $73.28, with a 12-month high of $73.61 and a low of $47.08.

Ageas SA (OTCMKTS:AGESY - Get Free Report) was the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 2,100 shares, adecreaseof54.3% from the July 15th total of 4,600 shares. Approximately0.0% of the shares of the stock are short sold. Based on an average trading volume of 17,700 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 17,700 shares, the short-interest ratio is presently 0.1 days. Approximately0.0% of the shares of the stock are short sold.

Ageas Stock Performance

Shares of AGESY traded up $0.2670 during trading hours on Friday, hitting $73.2770. The stock had a trading volume of 444 shares, compared to its average volume of 4,145. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.21. The company's fifty day simple moving average is $68.38 and its 200 day simple moving average is $62.84. Ageas has a 12-month low of $47.08 and a 12-month high of $73.61.

Ageas Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, June 13th. Shareholders of record on Monday, June 9th were issued a $1.5908 dividend. This is an increase from Ageas's previous dividend of $1.11. This represents a yield of 405.0%. The ex-dividend date of this dividend was Friday, June 6th.

Ageas Company Profile

ageas SA/NV, together with its subsidiaries, engages in insurance business. It operates in five segments: Belgium, Europe, Asia, Reinsurance, and General Account. The company offers property, casualty, and life insurance products, as well as pension products; and reinsurance products. It provides life insurance products include risks related to the life and death of individuals; and non-life insurance products comprise accident and health, motor, fire, and other property insurance products, as well as insurance services for other damages to property.