Hannover Ruck SE (OTCMKTS:HVRRY) Short Interest Down 99.7% in May

Hannover Ruck SE (OTCMKTS:HVRRY) was the target of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 17 shares, a decrease of 99.7% from the May 14th total of 6,394 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 70,106 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

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

Hannover Ruck Stock Performance

Shares of HVRRY stock traded up $0.65 during trading hours on Tuesday, reaching $43.82. 76,437 shares of the company’s stock were exchanged, compared to its average volume of 39,989. Hannover Ruck has a fifty-two week low of $43.00 and a fifty-two week high of $55.72. The stock has a market capitalization of $31.71 billion, a P/E ratio of 10.36 and a beta of 0.20. The business has a fifty day moving average price of $49.39 and a 200-day moving average price of $49.39. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.30.

Hannover Ruck (OTCMKTS:HVRRY) last issued its quarterly earnings results on Monday, May 11th. The financial services provider reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.40). Hannover Ruck had a return on equity of 20.27% and a net margin of 9.84%.The business had revenue of $8.16 billion for the quarter, compared to analyst estimates of $8.54 billion. Analysts predict that Hannover Ruck will post 4.67 EPS for the current fiscal year.

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.