Zurich Insurance Group AG (OTCMKTS:ZURVY) Short Interest Up 180.1% in March

Zurich Insurance Group AG (OTCMKTS:ZURVY) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 91,600 shares, a growth of 180.1% from the March 15th total of 32,700 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 281,500 shares, the days-to-cover ratio is presently 0.3 days.

Zurich Insurance Group Price Performance

Shares of OTCMKTS ZURVY opened at $33.19 on Tuesday. The business’s 50-day simple moving average is $33.26 and its 200-day simple moving average is $31.28. Zurich Insurance Group has a 52 week low of $23.46 and a 52 week high of $35.48.

Analysts Set New Price Targets

Separately, UBS Group lowered shares of Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, December 19th.

Zurich Insurance Group Company Profile

Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company operates through Property & Casualty Regions, Life Regions, Farmers, Group Functions and Operations, and Non-Core Businesses segments.