Zurich Insurance Group AG (OTCMKTS:ZURVY) Sees Large Increase in Short Interest

Zurich Insurance Group AG (OTCMKTS:ZURVY) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 91,600 shares, an increase of 180.1% from the March 15th total of 32,700 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 281,500 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

Separately, UBS Group lowered shares of Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a report on Thursday, December 19th.

Zurich Insurance Group Price Performance

OTCMKTS ZURVY opened at $33.72 on Wednesday. Zurich Insurance Group has a 1 year low of $23.46 and a 1 year high of $35.48. The business’s 50-day moving average is $33.32 and its 200 day moving average is $31.30.

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.