Short Interest in Powszechny Zaklad Ubezpieczen SA (OTCMKTS:PZAKY) Expands By 1,978.5%

Powszechny Zaklad Ubezpieczen SA (OTCMKTS:PZAKY) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 6,194 shares, a growth of 1,978.5% from the May 31st total of 298 shares. Based on an average trading volume of 2,652 shares, the days-to-cover ratio is currently 2.3 days.

Powszechny Zaklad Ubezpieczen Stock Down 4.6%

Powszechny Zaklad Ubezpieczen stock traded down C$0.86 during trading on Friday, reaching C$17.93. 135 shares of the company’s stock were exchanged, compared to its average volume of 585. Powszechny Zaklad Ubezpieczen has a 52-week low of C$15.25 and a 52-week high of C$21.89. The company’s 50-day moving average is C$18.60 and its two-hundred day moving average is C$18.65.

Powszechny Zaklad Ubezpieczen Company Profile

Powszechny Zakład Ubezpieczeń (OTCMKTS:PZAKY) is one of the largest and longest‐standing insurance providers in Central and Eastern Europe. Headquartered in Warsaw, Poland, the company traces its origins back to the early 19th century and has grown into a comprehensive financial services group. As a publicly traded entity with significant backing from the Polish State Treasury, PZU plays a pivotal role in the domestic insurance market while also maintaining a presence in neighboring countries.

The company’s core operations span both life and non‐life insurance.