Zurich Insurance Group AG (OTCMKTS:ZURVY) Short Interest Update

Zurich Insurance Group AG (OTCMKTS:ZURVY) was the target of a large decline in short interest in June. As of June 30th, there was short interest totalling 9,200 shares, a decline of 39.1% from the June 15th total of 15,100 shares. Based on an average daily trading volume, of 184,300 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Bank of America upgraded shares of Zurich Insurance Group from a “neutral” rating to a “buy” rating in a research report on Friday, May 17th.

Zurich Insurance Group Price Performance

ZURVY stock traded up $0.08 during trading on Friday, hitting $53.59. 43,028 shares of the company traded hands, compared to its average volume of 65,680. Zurich Insurance Group has a 1 year low of $44.42 and a 1 year high of $55.63. The company has a current ratio of 22.20, a quick ratio of 22.20 and a debt-to-equity ratio of 0.52. The company has a 50-day moving average of $52.33 and a 200-day moving average of $51.85.

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.