Short Interest in Beazley plc (OTCMKTS:BZLYF) Increases By 137.2%

Beazley plc (OTCMKTS:BZLYF) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 17,737 shares, an increase of 137.2% from the May 31st total of 7,478 shares. Based on an average daily volume of 45 shares, the days-to-cover ratio is presently 394.2 days.

Beazley Price Performance

Shares of OTCMKTS:BZLYF opened at $16.96 on Tuesday. Beazley has a one year low of $9.96 and a one year high of $17.96. The firm has a 50 day simple moving average of $17.08 and a 200 day simple moving average of $15.65.

Beazley Company Profile

Beazley PLC is a specialist insurer and reinsurer headquartered in London, operating as a Lloyd’s syndicate manager (Syndicate 2623) and a publicly listed company on the London Stock Exchange. Established in 1986, Beazley has built a reputation for underwriting expertise across a range of specialty lines, offering tailored risk solutions to clients worldwide. The company’s shares trade in the United States on the OTC market under the ticker BZLYF.

The firm’s core business activities span five principal divisions: Property, Marine, Political Risk & Crisis Management, Reinsurance, and Specialty Lines.