Short Interest in Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) Expands By 83.5%

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 264,102 shares, an increase of 83.5% from the May 14th total of 143,963 shares. Based on an average daily volume of 214,490 shares, the short-interest ratio is presently 1.2 days. Approximately 0.0% of the company’s shares are sold short.

Zurich Insurance Group Price Performance

OTCMKTS ZURVY opened at $35.52 on Monday. Zurich Insurance Group has a twelve month low of $33.62 and a twelve month high of $38.29. The company has a current ratio of 10.11, a quick ratio of 10.11 and a debt-to-equity ratio of 0.46. The firm’s 50 day moving average price is $35.45 and its two-hundred day moving average price is $35.87.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets upgraded shares of Zurich Insurance Group from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

Zurich Insurance Group Company Profile

Zurich Insurance Group is a global insurance company headquartered in Zurich, Switzerland, that provides a broad range of insurance and risk management products to individuals, small and medium-sized enterprises, large corporations and multinational clients. Founded in 1872, the company has grown into one of the world’s major insurers, offering both property & casualty and life insurance solutions alongside related services such as claims management and risk engineering.

Zurich’s core activities include general (non-life) insurance and life insurance products.