Short Interest in Hannover Ruck SE (OTCMKTS:HVRRY) Grows By 79.0%

Hannover Ruck SE (OTCMKTS:HVRRYGet Free Report) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 27,118 shares, a growth of 79.0% from the February 26th total of 15,151 shares. Based on an average daily volume of 63,188 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are short sold.

Hannover Ruck Trading Down 0.0%

Shares of OTCMKTS:HVRRY opened at $49.42 on Friday. The company’s 50-day moving average price is $48.89 and its two-hundred day moving average price is $49.39. Hannover Ruck has a one year low of $44.67 and a one year high of $55.40. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.14 and a quick ratio of 0.14. The stock has a market capitalization of $35.76 billion, a PE ratio of 11.91 and a beta of 0.32.

Hannover Ruck (OTCMKTS:HVRRYGet Free Report) last released its earnings results on Thursday, March 12th. The financial services provider reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.06. The business had revenue of $10.39 billion during the quarter, compared to analysts’ expectations of $7.99 billion. Hannover Ruck had a net margin of 9.92% and a return on equity of 20.87%. On average, equities analysts forecast that Hannover Ruck will post 3.42 EPS for the current fiscal year.

About Hannover Ruck

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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.

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