Short Interest in M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Grows By 55.6%

Key Points

• Münchener Rückversicherungs-Gesellschaft experienced a significant increase in short interest of 55.6%, with totals reaching 48,400 shares by August 31st.
• As of the latest trading session, shares of MURGY traded down by 0.2% to $12.53, with a trading volume significantly higher than its average.
• Analysts have adjusted their ratings, with Keefe, Bruyette & Woods downgrading the stock to "moderate sell", while the average rating remains at "Hold".

M�nchener R�ckversicherungs-Gesellschaft (OTCMKTS:MURGY - Get Free Report) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 48,400 shares, a growth of 55.6% from the August 15th total of 31,100 shares. Based on an average trading volume of 471,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company's shares are sold short. Approximately 0.0% of the company's shares are sold short. Based on an average trading volume of 471,000 shares, the days-to-cover ratio is presently 0.1 days.

M�nchener R�ckversicherungs-Gesellschaft Stock Down 0.2%

Shares of MURGY stock traded down $0.02 during trading on Monday, reaching $12.53. The company's stock had a trading volume of 2,163,540 shares, compared to its average volume of 341,334. The business has a fifty day moving average price of $13.08 and a 200-day moving average price of $12.94. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.20. The company has a market cap of $81.84 billion, a price-to-earnings ratio of 5.77, a price-to-earnings-growth ratio of 1.55 and a beta of 0.69. M�nchener R�ckversicherungs-Gesellschaft has a one year low of $9.72 and a one year high of $14.41.

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

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods lowered shares of M�nchener R�ckversicherungs-Gesellschaft from a "hold" rating to a "moderate sell" rating in a research note on Friday, June 6th. One analyst has rated the stock with a Strong Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold".

M�nchener R�ckversicherungs-Gesellschaft Company Profile

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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