Allianz SE (OTCMKTS:ALIZY) Short Interest Up 68.0% in December

Allianz SE (OTCMKTS:ALIZY) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 118,049 shares, an increase of 68.0% from the November 30th total of 70,272 shares. Based on an average trading volume of 311,952 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 311,952 shares, the days-to-cover ratio is currently 0.4 days.

Allianz Stock Up 0.2%

ALIZY stock opened at $46.19 on Monday. Allianz has a 52 week low of $29.83 and a 52 week high of $46.24. The firm has a market capitalization of $175.72 billion, a P/E ratio of 15.35, a price-to-earnings-growth ratio of 1.28 and a beta of 0.65. The company has a fifty day simple moving average of $42.72 and a two-hundred day simple moving average of $41.73.

Allianz (OTCMKTS:ALIZY) last announced its earnings results on Friday, November 14th. The company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.09. Allianz had a net margin of 5.69% and a return on equity of 17.38%. The firm had revenue of $32.25 billion for the quarter. As a group, analysts anticipate that Allianz will post 2.63 EPS for the current year.

Analyst Ratings Changes

ALIZY has been the topic of several research analyst reports. Erste Group Bank upgraded shares of Allianz from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 10th. Keefe, Bruyette & Woods raised Allianz from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

About Allianz

Allianz SE is a multinational financial services company headquartered in Munich, Germany, with a history dating back to 1890. The company is primarily known as a major global insurer and asset manager, offering a wide range of insurance and risk management products for individuals, businesses and institutional clients. Allianz’s operations encompass property and casualty insurance, life and health insurance, retirement solutions and specialty risk coverage for commercial and corporate customers.

In addition to underwriting insurance, Allianz operates substantial asset management businesses that manage investments on behalf of its insurance operations and external clients.