Hannover Ruck SE (OTCMKTS:HVRRY) Short Interest Update

Hannover Ruck SE (OTCMKTS:HVRRY) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 6,394 shares, a decrease of 60.5% from the April 30th total of 16,194 shares. Based on an average trading volume of 50,586 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Hannover Ruck Stock Down 1.5%

Hannover Ruck stock opened at $44.96 on Friday. Hannover Ruck has a twelve month low of $44.47 and a twelve month high of $55.72. The stock’s fifty day simple moving average is $50.28 and its 200-day simple moving average is $49.71. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $32.53 billion, a P/E ratio of 10.63 and a beta of 0.23.

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

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank raised Hannover Ruck to a “strong-buy” rating in a research report on Tuesday, May 5th. Two investment analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy”.

Hannover Ruck Company Profile

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.