Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) Sees Significant Decrease in Short Interest

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 67,558 shares, a decline of 47.3% from the April 15th total of 128,210 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 320,921 shares, the days-to-cover ratio is presently 0.2 days.

Zurich Insurance Group Price Performance

Shares of ZURVY opened at $35.96 on Friday. The stock has a 50 day simple moving average of $35.03 and a 200 day simple moving average of $35.84. Zurich Insurance Group has a 52-week low of $33.62 and a 52-week 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.

Analysts Set New Price Targets

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. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Zurich Insurance Group has an average 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.