Short Interest in Admiral Group plc (OTCMKTS:AMIGY) Declines By 38.9%

Admiral Group plc (OTCMKTS:AMIGYGet Free Report) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 13,867 shares, a decline of 38.9% from the June 15th total of 22,689 shares. Based on an average daily trading volume, of 79,555 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Ratings Changes

AMIGY has been the topic of several research reports. The Goldman Sachs Group upgraded Admiral Group from a “sell” rating to a “neutral” rating in a report on Thursday, July 9th. Royal Bank Of Canada lowered shares of Admiral Group from a “sector perform” rating to a “sector perform” rating in a research note on Friday, June 19th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Research Report on Admiral Group

Admiral Group Price Performance

Shares of AMIGY stock opened at $49.16 on Friday. Admiral Group has a 52 week low of $36.05 and a 52 week high of $52.08. The firm has a 50 day moving average of $46.52 and a two-hundred day moving average of $43.61.

Admiral Group Company Profile

(Get Free Report)

Admiral Group plc is a UK-based specialist insurer founded in 1993 and headquartered in Cardiff, Wales. Since its inception, the company has focused on developing straightforward insurance products sold directly to customers, pioneering the use of online sales and multi-car policies. Admiral’s low-overhead model and emphasis on technology have helped it establish a significant presence in the personal lines insurance market.

The core offering of Admiral Group centers on motor insurance, with additional products including home insurance, travel cover and breakdown assistance.

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