Short Interest in Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) Expands By 83.5%

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 264,102 shares, a growth of 83.5% from the May 14th total of 143,963 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 214,490 shares, the short-interest ratio is currently 1.2 days.

Analysts Set New Price Targets

Separately, Kepler Capital Markets raised Zurich Insurance Group from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce”.

Zurich Insurance Group Stock Performance

Shares of OTCMKTS:ZURVY opened at $35.52 on Monday. Zurich Insurance Group has a 12 month low of $33.62 and a 12 month high of $38.29. The stock’s 50 day moving average price is $35.45 and its 200 day moving average price is $35.87. The company has a debt-to-equity ratio of 0.46, a current ratio of 10.11 and a quick ratio of 10.11.

About Zurich Insurance Group

Zurich Insurance Group is a global insurance company headquartered in Zurich, Switzerland, that provides a broad range of insurance and risk management products to individuals, small and medium-sized enterprises, large corporations and multinational clients. Founded in 1872, the company has grown into one of the world’s major insurers, offering both property & casualty and life insurance solutions alongside related services such as claims management and risk engineering.

Zurich’s core activities include general (non-life) insurance and life insurance products.