Short Interest in Axa Sa (OTCMKTS:AXAHY) Grows By 143.8%

Axa Sa (OTCMKTS:AXAHY) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 238,105 shares, an increase of 143.8% from the June 30th total of 97,676 shares. Based on an average daily trading volume, of 198,636 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.0% of the company’s stock are short sold.

AXA Stock Up 0.8%

Shares of OTCMKTS:AXAHY opened at $51.96 on Wednesday. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.32. AXA has a 1 year low of $43.04 and a 1 year high of $52.10. The stock’s fifty day moving average price is $48.74 and its 200-day moving average price is $47.16.

Analyst Upgrades and Downgrades

Separately, Erste Group Bank upgraded shares of AXA to a “strong-buy” rating in a report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to MarketBeat.com, AXA currently has a consensus rating of “Strong Buy”.

AXA Company Profile

AXA is a French multinational insurance and asset management group headquartered in Paris. The company provides a broad range of insurance and financial protection products for individuals, professionals and corporate clients, and its shares are listed in Europe with American depositary receipts trading on U.S. OTC markets under the symbol AXAHY. AXA operates through a network of distributors including agents, brokers and bancassurance partners to deliver life, health, property & casualty and retirement solutions.

Core business activities include life and savings products, personal and commercial property & casualty insurance, health and protection coverages, and asset management services delivered through its investment arm.