Allianz SE (OTCMKTS:ALIZY) Sees Large Drop in Short Interest

Allianz SE (OTCMKTS:ALIZY) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 9,100 shares, a drop of 81.1% from the August 15th total of 48,200 shares. Based on an average daily trading volume, of 161,400 shares, the days-to-cover ratio is presently 0.1 days.

Allianz Stock Performance

Shares of Allianz stock opened at $31.61 on Friday. The business has a 50-day simple moving average of $29.27 and a 200-day simple moving average of $28.71. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.09 and a current ratio of 1.09. Allianz has a one year low of $22.91 and a one year high of $31.77. The company has a market cap of $123.82 billion, a PE ratio of 13.01, a P/E/G ratio of 1.15 and a beta of 1.12.

Allianz (OTCMKTS:ALIZY) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.64 by $0.02. Allianz had a net margin of 5.48% and a return on equity of 15.52%. The company had revenue of $27.38 billion during the quarter. On average, equities research analysts forecast that Allianz will post 2.73 EPS for the current fiscal year.

About Allianz

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.