AIA (OTCMKTS:AAGIY) Sees Significant Increase in Short Interest

AIA (OTCMKTS:AAGIY) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 275,922 shares, a growth of 858.8% from the June 30th total of 28,779 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 964,394 shares, the days-to-cover ratio is presently 0.3 days.

AIA Stock Performance

OTCMKTS:AAGIY opened at $39.94 on Friday. AIA has a 52 week low of $35.53 and a 52 week high of $46.84. The firm has a 50-day moving average price of $39.15 and a two-hundred day moving average price of $42.04. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.33.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of AIA from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, AIA has an average rating of “Moderate Buy”.

About AIA

AIA Group Limited is a Hong Kong–headquartered life insurance company with roots dating back to 1919. Originally established in Shanghai, the company has grown into a pan‑Asian insurer offering a broad range of protection and long‑term savings products. AIA serves both individual and corporate clients and is widely recognized for its extensive presence across the Asia‑Pacific region.

The company’s core business includes life insurance, accident and health insurance, savings and wealth accumulation products, and retirement solutions.