Zurich Insurance Group AG (OTCMKTS:ZURVY) Short Interest Down 60.8% in December

Zurich Insurance Group AG (OTCMKTS:ZURVY) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 96,400 shares, a drop of 60.8% from the December 15th total of 245,900 shares. Based on an average daily trading volume, of 230,400 shares, the days-to-cover ratio is currently 0.4 days.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. The Goldman Sachs Group upgraded Zurich Insurance Group to a “hold” rating in a research report on Wednesday, September 18th. UBS Group cut Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, December 19th. Finally, BNP Paribas lowered shares of Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 3rd.

Zurich Insurance Group Trading Down 1.1 %

Shares of ZURVY traded down $0.33 on Tuesday, reaching $28.72. The company’s stock had a trading volume of 168,413 shares, compared to its average volume of 132,088. Zurich Insurance Group has a twelve month low of $23.46 and a twelve month high of $32.04. The firm has a fifty day moving average of $30.39 and a 200-day moving average of $36.42.

Zurich Insurance Group Company Profile

Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company operates through Property & Casualty Regions, Life Regions, Farmers, Group Functions and Operations, and Non-Core Businesses segments.