Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) Short Interest Down 31.9% in September

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 43,700 shares, a decline of 31.9% from the August 31st total of 64,200 shares. Based on an average trading volume of 131,600 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 131,600 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analyst Weigh In

Several research firms have commented on ZURVY. The Goldman Sachs Group downgraded Zurich Insurance Group from a “neutral” rating to a “sell” rating in a report on Wednesday, July 2nd. Barclays downgraded Zurich Insurance Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 11th. Finally, Zacks Research upgraded Zurich Insurance Group to a “hold” rating in a report on Tuesday, August 12th. Two research analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

Zurich Insurance Group Trading Up 1.0%

Shares of Zurich Insurance Group stock opened at $36.23 on Tuesday. The company has a 50-day simple moving average of $35.77 and a two-hundred day simple moving average of $35.04. Zurich Insurance Group has a one year low of $28.54 and a one year high of $37.21.

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.