Allianz SE (OTCMKTS:ALIZY) Short Interest Down 10.6% in October

Allianz SE (OTCMKTS:ALIZY) was the recipient of a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 48,200 shares, a decline of 10.6% from the October 15th total of 53,900 shares. Based on an average daily volume of 165,800 shares, the days-to-cover ratio is currently 0.3 days.

Allianz Stock Performance

Shares of ALIZY stock opened at $30.30 on Monday. Allianz has a fifty-two week low of $24.43 and a fifty-two week high of $33.19. The company has a market capitalization of $118.69 billion, a P/E ratio of 11.56, a PEG ratio of 1.25 and a beta of 1.12. The stock has a 50 day moving average price of $31.86 and a two-hundred day moving average price of $29.79.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded Allianz to a “strong-buy” rating in a research report on Wednesday, September 18th.

Allianz Company Profile

Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company’s Property-Casualty segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel to private and corporate customers.