Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) Short Interest Update

Key Points

• Zurich Insurance Group Ltd. experienced a significant decline in short interest, dropping 31.9% to 43,700 shares as of September 15th, with a short-interest ratio of 0.3 days based on the average daily volume.
• The company's stock has fluctuated between a twelve month low of $28.54 and a high of $37.21, currently opening at $35.88.
• Analysts have mixed views on the stock, with Zacks upgrading it to a "hold" rating, while Barclays and Goldman Sachs downgraded their recommendations to "hold" and "sell," respectively, leading to a consensus rating of "Reduce."

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY - Get Free Report) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 43,700 shares, a decline of 31.9% from the August 31st total of 64,200 shares. Based on an average daily volume of 131,600 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 131,600 shares, the short-interest ratio is currently 0.3 days.

Zurich Insurance Group Price Performance

Shares of Zurich Insurance Group stock opened at $35.88 on Monday. Zurich Insurance Group has a twelve month low of $28.54 and a twelve month high of $37.21. The company's fifty day moving average is $35.73 and its 200 day moving average is $35.03.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Zacks Research upgraded shares of Zurich Insurance Group to a "hold" rating in a research report on Tuesday, August 12th. Barclays cut shares of Zurich Insurance Group from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, June 11th. Finally, The Goldman Sachs Group cut shares of Zurich Insurance Group from a "neutral" rating to a "sell" rating in a research note on Wednesday, July 2nd. Two research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Zurich Insurance Group presently has a consensus rating of "Reduce".

About Zurich Insurance Group

Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company operates through Property & Casualty Regions, Life Regions, Farmers, Group Functions and Operations, and Non-Core Businesses segments.

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