Short Interest in M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Drops By 99.6%

Key Points

• Münchener Rückversicherungs-Gesellschaft experienced a dramatic drop in short interest, falling by 99.6% from 5,528,400 shares to just 21,800 shares as of September 30th.
• The stock's performance has seen it trading at $12.89, with a significant market capitalization of $84.20 billion and a P/E ratio of 5.94.
• In its latest earnings report, the company exceeded earnings expectations by reporting $0.36 earnings per share, despite revenue falling short at $16.76 billion against an anticipated $22.83 billion.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY - Get Free Report) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 21,800 shares, a decline of 99.6% from the September 15th total of 5,528,400 shares. Based on an average daily volume of 1,629,900 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 1,629,900 shares, the days-to-cover ratio is currently 0.0 days.

M�nchener R�ckversicherungs-Gesellschaft Stock Performance

MURGY stock traded down $0.22 during midday trading on Thursday, reaching $12.89. The company had a trading volume of 855,998 shares, compared to its average volume of 373,835. The firm has a market capitalization of $84.20 billion, a PE ratio of 5.94, a P/E/G ratio of 2.02 and a beta of 0.65. M�nchener R�ckversicherungs-Gesellschaft has a fifty-two week low of $9.72 and a fifty-two week high of $14.41. The stock has a 50 day moving average price of $12.78 and a 200 day moving average price of $12.99. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.20.

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY - Get Free Report) last issued its quarterly earnings data on Friday, August 8th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.30 by $0.06. M�nchener R�ckversicherungs-Gesellschaft had a net margin of 8.37% and a return on equity of 15.88%. The firm had revenue of $16.76 billion during the quarter, compared to analysts' expectations of $22.83 billion. Analysts anticipate that M�nchener R�ckversicherungs-Gesellschaft will post 0.46 earnings per share for the current year.

About M�nchener R�ckversicherungs-Gesellschaft

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. It also offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial market risks, financing, portfolio risk management, digitalized investment-linked solution, MIRA digital suite, MIRA POS, MIRApply insured and physician, claims risk adjustment, CLARA plus, data analytics, underwriting and claims, medical research, capital management, and health market.

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