Allianz SE (OTCMKTS:ALIZY) Short Interest Down 36.7% in July

Allianz SE (OTCMKTS:ALIZY) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 51,573 shares, a decline of 36.7% from the June 30th total of 81,430 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 454,555 shares, the days-to-cover ratio is presently 0.1 days.

Allianz Price Performance

OTCMKTS ALIZY opened at $49.76 on Friday. Allianz has a one year low of $38.44 and a one year high of $49.95. The firm has a market cap of $189.30 billion, a P/E ratio of 13.82, a P/E/G ratio of 1.62 and a beta of 0.63. The stock’s 50-day moving average is $46.50 and its 200-day moving average is $44.64.

Allianz (OTCMKTS:ALIZY) last posted its earnings results on Wednesday, May 13th. The company reported $1.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.13 by $0.02. Allianz had a return on equity of 19.92% and a net margin of 6.48%. Equities analysts anticipate that Allianz will post 3.55 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ALIZY. Citigroup reissued a “neutral” rating on shares of Allianz in a research note on Friday, May 15th. The Goldman Sachs Group upgraded shares of Allianz from a “hold” rating to a “buy” rating in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Allianz Company Profile

Allianz SE is a multinational financial services company headquartered in Munich, Germany, with a history dating back to 1890. The company is primarily known as a major global insurer and asset manager, offering a wide range of insurance and risk management products for individuals, businesses and institutional clients. Allianz’s operations encompass property and casualty insurance, life and health insurance, retirement solutions and specialty risk coverage for commercial and corporate customers.

In addition to underwriting insurance, Allianz operates substantial asset management businesses that manage investments on behalf of its insurance operations and external clients.