Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) Short Interest Up 83.5% in May

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 264,102 shares, a growth of 83.5% from the May 14th total of 143,963 shares. Based on an average daily volume of 214,490 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.0% of the company’s shares are sold short.

Zurich Insurance Group Stock Up 1.2%

Shares of ZURVY opened at $35.95 on Tuesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 10.11 and a quick ratio of 10.11. Zurich Insurance Group has a one year low of $33.62 and a one year high of $38.29. The stock’s fifty day moving average is $35.45 and its 200-day moving average is $35.88.

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 report on Monday, March 16th. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

Zurich Insurance Group Company Profile

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.