Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) Sees Large Drop in Short Interest

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 65,429 shares, a decrease of 43.0% from the July 15th total of 114,801 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 198,903 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

Separately, Royal Bank Of Canada began coverage on shares of Zurich Insurance Group in a research report on Tuesday, July 21st. They issued a “moderate buy” rating on the stock. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Zurich Insurance Group Stock Down 0.0%

Shares of OTCMKTS ZURVY opened at $36.36 on Monday. The stock has a fifty day simple moving average of $37.01 and a two-hundred day simple moving average of $36.05. 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 1-year low of $33.62 and a 1-year high of $38.70.

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.