Short Interest in Powszechny Zaklad Ubezpieczen SA (OTCMKTS:PZAKY) Expands By 484.3%

Powszechny Zaklad Ubezpieczen SA (OTCMKTS:PZAKY) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 298 shares, an increase of 484.3% from the May 14th total of 51 shares. Based on an average daily trading volume, of 443 shares, the short-interest ratio is presently 0.7 days.

Powszechny Zaklad Ubezpieczen Trading Down 10.6%

Shares of Powszechny Zaklad Ubezpieczen stock traded down C$2.25 on Thursday, hitting C$18.85. 1,065 shares of the company traded hands, compared to its average volume of 587. Powszechny Zaklad Ubezpieczen has a 52 week low of C$15.25 and a 52 week high of C$21.89. The business has a 50-day simple moving average of C$17.98 and a 200 day simple moving average of C$18.73.

About Powszechny Zaklad Ubezpieczen

Powszechny Zak?ad Ubezpiecze? (OTCMKTS:PZAKY) is one of the largest and longest?standing insurance providers in Central and Eastern Europe. Headquartered in Warsaw, Poland, the company traces its origins back to the early 19th century and has grown into a comprehensive financial services group. As a publicly traded entity with significant backing from the Polish State Treasury, PZU plays a pivotal role in the domestic insurance market while also maintaining a presence in neighboring countries.

The company’s core operations span both life and non?life insurance.