Short Interest in Allianz SE (OTCMKTS:ALIZY) Rises By 174.3%

Allianz SE (OTCMKTS:ALIZY) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 181,300 shares, an increase of 174.3% from the February 28th total of 66,100 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 364,400 shares, the days-to-cover ratio is currently 0.5 days.

Analysts Set New Price Targets

Separately, Citigroup restated a “neutral” rating on shares of Allianz in a research note on Tuesday, March 4th.

Allianz Stock Performance

ALIZY stock opened at $38.32 on Friday. The company has a market capitalization of $147.98 billion, a PE ratio of 14.63, a price-to-earnings-growth ratio of 1.26 and a beta of 1.10. Allianz has a one year low of $26.50 and a one year high of $39.20. The company’s 50 day moving average price is $34.98 and its two-hundred day moving average price is $32.63.

Allianz (OTCMKTS:ALIZY) last posted its quarterly earnings results on Friday, February 28th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.04. The business had revenue of $29.61 billion during the quarter. Allianz had a net margin of 5.54% and a return on equity of 16.34%. On average, research analysts predict that Allianz will post 2.63 EPS for the current 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.