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

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 51,800 shares, a decrease of 44.1% from the September 30th total of 92,700 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 746,500 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 746,500 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Zurich Insurance Group Stock Performance

Shares of ZURVY opened at $34.96 on Friday. Zurich Insurance Group has a 1 year low of $28.54 and a 1 year high of $37.21. The stock’s 50-day moving average price is $35.72 and its two-hundred day moving average price is $35.26.

Wall Street Analyst Weigh In

Separately, Zacks Research cut Zurich Insurance Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 22nd. Two analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

Zurich Insurance Group Company Profile

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.