Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) Sees Significant Growth in Short Interest

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 143,963 shares, an increase of 113.1% from the April 30th total of 67,558 shares. Based on an average daily volume of 273,376 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets raised shares of Zurich Insurance Group from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Reduce”.

Zurich Insurance Group Stock Down 1.0%

OTCMKTS:ZURVY traded down $0.37 during mid-day trading on Tuesday, reaching $35.21. The company’s stock had a trading volume of 305,247 shares, compared to its average volume of 120,539. The company has a quick ratio of 10.11, a current ratio of 10.11 and a debt-to-equity ratio of 0.46. Zurich Insurance Group has a 1 year low of $33.62 and a 1 year high of $38.29. The stock has a fifty day moving average of $35.39 and a 200-day moving average of $35.89.

About Zurich Insurance Group

Zurich Insurance Group is a global insurance company headquartered in Zurich, Switzerland, that provides a broad range of insurance and risk management products to individuals, small and medium-sized enterprises, large corporations and multinational clients. Founded in 1872, the company has grown into one of the world’s major insurers, offering both property & casualty and life insurance solutions alongside related services such as claims management and risk engineering.

Zurich’s core activities include general (non-life) insurance and life insurance products.