Short Interest in Ageas SA (OTCMKTS:AGESY) Expands By 31.6%

Ageas SA (OTCMKTS:AGESY) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 12,064 shares, an increase of 31.6% from the January 15th total of 9,166 shares. Based on an average daily volume of 10,225 shares, the short-interest ratio is presently 1.2 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 10,225 shares, the short-interest ratio is presently 1.2 days.

Ageas Trading Down 1.2%

OTCMKTS:AGESY opened at $73.22 on Tuesday. Ageas has a one year low of $52.55 and a one year high of $75.43. The firm’s 50 day simple moving average is $70.58 and its 200 day simple moving average is $69.39.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. The Goldman Sachs Group upgraded Ageas to a “hold” rating in a research report on Tuesday, December 2nd. Barclays reissued an “overweight” rating on shares of Ageas in a report on Tuesday, December 9th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Ageas has a consensus rating of “Moderate Buy”.

Ageas Company Profile

Ageas is a multinational insurance group headquartered in Brussels, Belgium, offering a broad range of life and non‐life insurance products. Established in 2010 following the restructuring of the Fortis group, Ageas traces its roots back to AG Insurance, founded in 1824. The company operates through two main business segments—protection and savings for individual and corporate clients, and a specialized brokerage and bancassurance network—providing both traditional and innovative risk management solutions.

In the life insurance segment, Ageas offers savings and pension plans, unit‐linked policies, and health insurance coverage, while its non‐life operations include property, casualty, motor, and liability insurance.