Hannover Ruck SE (OTCMKTS:HVRRY) Short Interest Down 46.5% in April

Hannover Ruck SE (OTCMKTS:HVRRY) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 16,194 shares, a decrease of 46.5% from the April 15th total of 30,293 shares. Based on an average trading volume of 18,213 shares, the short-interest ratio is presently 0.9 days. Approximately 0.0% of the shares of the stock are short sold.

Hannover Ruck Trading Up 1.8%

Shares of Hannover Ruck stock traded up $0.81 during trading hours on Monday, hitting $47.09. The company’s stock had a trading volume of 59,108 shares, compared to its average volume of 20,183. The stock has a market cap of $34.07 billion, a price-to-earnings ratio of 11.13 and a beta of 0.23. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.06 and a current ratio of 0.06. Hannover Ruck has a twelve month low of $45.45 and a twelve month high of $55.72. The firm has a fifty day moving average of $50.85 and a 200-day moving average of $49.82.

Hannover Ruck (OTCMKTS:HVRRY) last issued its quarterly earnings data on Monday, May 11th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.40). The business had revenue of $8.16 billion for the quarter, compared to analyst estimates of $8.54 billion. Hannover Ruck had a return on equity of 20.27% and a net margin of 9.84%. Research analysts forecast that Hannover Ruck will post 4.67 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank upgraded Hannover Ruck to a “strong-buy” rating in a research report on Tuesday, May 5th. Two equities research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy”.

About Hannover Ruck

Hannover Rück (OTCMKTS: HVRRY), commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non‑proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance‑linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.

Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia‑Pacific and other global markets.