Admiral Group plc (OTCMKTS:AMIGY) Stock Short Interest Report for October

Admiral Group plc (OTCMKTS:AMIGY) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 62,854 shares, a growth of 246.1% from the September 30th total of 18,161 shares. Based on an average daily trading volume, of 45,402 shares, the short-interest ratio is currently 1.4 days.

Admiral Group Trading Up 0.4%

Shares of AMIGY opened at $51.28 on Thursday. Admiral Group has a one year low of $36.05 and a one year high of $56.91. The company has a 50-day moving average of $51.38 and a two-hundred day moving average of $46.34.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Royal Bank Of Canada reissued a “sector perform” rating on shares of Admiral Group in a research note on Wednesday, August 12th. Morgan Stanley upgraded Admiral Group from an “underweight” rating to an “overweight” rating in a report on Monday, September 7th. The Goldman Sachs Group raised Admiral Group from a “sell” rating to a “neutral” rating in a research report on Thursday, July 9th. Finally, Citigroup reaffirmed a “buy” rating on shares of Admiral Group in a report on Friday, August 7th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Admiral Group currently has an average rating of “Moderate Buy”.

Admiral Group Company Profile

Admiral Group plc is a United Kingdom-based financial services company specializing in insurance and price-comparison services. Its principal business is motor insurance, offered through brands including Admiral, Elephant, Diamond and Gladiator. The group serves individual motorists as well as customers seeking cover for vans and other vehicles.

The company also provides a range of related insurance products, including home, travel, pet, landlord and other personal lines coverage. Through Confused.com, its price-comparison business, Admiral enables consumers to compare insurance and financial products from multiple providers.