AXA SA (OTCMKTS:AXAHY) Sees Significant Decrease in Short Interest

AXA SA (OTCMKTS:AXAHY) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 41,000 shares, a drop of 56.6% from the November 30th total of 94,400 shares. Based on an average daily volume of 323,300 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded shares of AXA to a “strong sell” rating in a research note on Wednesday, September 18th.

AXA Price Performance

OTCMKTS:AXAHY traded up $0.12 during mid-day trading on Friday, hitting $35.56. 83,947 shares of the company’s stock traded hands, compared to its average volume of 89,612. The firm has a 50 day moving average of $35.98 and a two-hundred day moving average of $36.31. AXA has a 12 month low of $31.04 and a 12 month high of $40.80.

AXA Company Profile

AXA SA, through its subsidiaries, provides insurance, asset management, and banking services worldwide. The company operates through six segments: France; Europe; AXA XL; Asia, Africa & EME-LATAM; AXA Investment Managers; and Transversal & Other segments It offers life and savings insurance products, such as savings and retirement, other health, and personal protection products.