Hannover Ruck SE (OTCMKTS:HVRRY) Sees Large Decrease in Short Interest

Hannover Ruck SE (OTCMKTS:HVRRY) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 14,250 shares, a decrease of 32.7% from the December 15th total of 21,166 shares. Based on an average trading volume of 11,814 shares, the short-interest ratio is currently 1.2 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 11,814 shares, the short-interest ratio is currently 1.2 days.

Hannover Ruck Price Performance

OTCMKTS HVRRY opened at $47.25 on Friday. The business’s fifty day moving average is $49.97 and its 200 day moving average is $50.04. Hannover Ruck has a fifty-two week low of $42.64 and a fifty-two week high of $55.40. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.14 and a current ratio of 0.14. The company has a market capitalization of $34.19 billion, a PE ratio of 12.43 and a beta of 0.35.

Hannover Ruck (OTCMKTS:HVRRY) last posted its quarterly earnings data on Monday, November 10th. The financial services provider reported $1.05 earnings per share for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.02). The company had revenue of $8.21 billion for the quarter, compared to analysts’ expectations of $8.27 billion. Hannover Ruck had a net margin of 9.44% and a return on equity of 19.35%. Sell-side analysts predict that Hannover Ruck will post 3.42 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on HVRRY shares. Royal Bank Of Canada lowered shares of Hannover Ruck from a “moderate buy” rating to a “hold” rating in a research note on Monday, October 13th. Zacks Research cut Hannover Ruck from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Hannover Ruck Company Profile

Hannover Rück (OTCMKTS: HVRRY), commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non‑proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance‑linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.

Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia‑Pacific and other global markets.