Short Interest in Hannover Ruck SE (OTCMKTS:HVRRY) Expands By 6,864.7%

Hannover Ruck SE (OTCMKTS:HVRRY) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 1,184 shares, an increase of 6,864.7% from the May 31st total of 17 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 93,383 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

HVRRY has been the subject of several recent research reports. Berenberg Bank raised Hannover Ruck to a “strong-buy” rating in a research note on Tuesday, May 5th. Zacks Research downgraded Hannover Ruck from a “hold” rating to a “strong sell” rating in a research note on Monday, June 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Hannover Ruck Stock Performance

Shares of OTCMKTS:HVRRY opened at $45.38 on Friday. The business has a 50-day moving average price of $47.25 and a two-hundred day moving average price of $48.94. Hannover Ruck has a 1-year low of $43.00 and a 1-year high of $55.72. The stock has a market capitalization of $32.84 billion, a P/E ratio of 10.73 and a beta of 0.20. The company has a current ratio of 0.07, a quick ratio of 0.06 and a debt-to-equity ratio of 0.28.

Hannover Ruck (OTCMKTS:HVRRY) last posted its earnings results on Monday, May 11th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.18 by ($0.40). The company had revenue of $8.16 billion for the quarter, compared to analyst estimates of $8.54 billion. Hannover Ruck had a return on equity of 19.51% and a net margin of 9.84%. Equities analysts predict that Hannover Ruck will post 4.46 earnings per share for the current year.

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.