Talanx AG (OTCMKTS:TNXXF) Short Interest Down 73.5% in June

Talanx AG (OTCMKTS:TNXXFGet Free Report) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 47,004 shares, a decrease of 73.5% from the June 15th total of 177,202 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Talanx Stock Performance

Shares of OTCMKTS:TNXXF opened at C$116.87 on Tuesday. Talanx has a 12 month low of C$114.70 and a 12 month high of C$140.55. The company’s fifty day moving average price is C$123.83 and its 200 day moving average price is C$128.47.

Wall Street Analyst Weigh In

Separately, BNP Paribas Exane raised Talanx to an “outperform” rating in a research report on Wednesday, June 17th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

View Our Latest Research Report on Talanx

Talanx Company Profile

(Get Free Report)

Talanx AG is a Germany‐based insurance group headquartered in Hanover, operating as one of the country’s largest property and casualty insurers. Through its principal underwriting arm, HDI, the company provides a broad range of commercial and industrial risk solutions, including marine, aviation and engineering insurance. Talanx also offers specialty lines such as credit and surety, environmental liability, and cyber coverage, positioning itself as a versatile partner for multinational corporations and niche markets alike.

In addition to its property and casualty operations, Talanx maintains a significant presence in life and health insurance.

Further Reading

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