Ageas SA (OTCMKTS:AGESY) Stock Short Interest Jumps 62.9%

Ageas SA (OTCMKTS:AGESY) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 12,710 shares, a growth of 62.9% from the September 15th total of 7,801 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 8,626 shares, the short-interest ratio is presently 1.5 days.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Ageas from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 2nd. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Ageas Stock Performance

Shares of AGESY opened at $83.88 on Friday. Ageas has a 12 month low of $65.45 and a 12 month high of $89.30. The firm has a fifty day simple moving average of $85.23 and a 200 day simple moving average of $81.39.

About Ageas

Ageas is an international insurance group headquartered in Brussels, Belgium. The company provides life and non-life insurance products to individuals, families and businesses, with offerings that include property and casualty coverage, motor insurance, health-related protection, savings and retirement products, and other life insurance solutions.

Ageas serves customers primarily in Europe and Asia through a combination of wholly owned operations, joint ventures and strategic partnerships.