Beazley plc (OTCMKTS:BZLYF) Short Interest Update

Beazley plc (OTCMKTS:BZLYF) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 223,500 shares, an increase of 80.4% from the September 30th total of 123,900 shares. Based on an average trading volume of 10,800 shares, the days-to-cover ratio is presently 20.7 days. Based on an average trading volume of 10,800 shares, the days-to-cover ratio is presently 20.7 days.

Beazley Stock Performance

OTCMKTS BZLYF opened at $12.48 on Friday. The firm has a 50-day moving average of $11.56 and a 200-day moving average of $11.93. Beazley has a 52-week low of $9.11 and a 52-week high of $13.23.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada reiterated an “outperform” rating on shares of Beazley in a research note on Tuesday, October 14th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy”.

About Beazley

Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks.