Short Interest in Aviva PLC (OTCMKTS:AVVIY) Grows By 64.4%

Aviva PLC (OTCMKTS:AVVIY) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 150,800 shares, a growth of 64.4% from the September 15th total of 91,700 shares. Based on an average daily trading volume, of 142,300 shares, the short-interest ratio is presently 1.1 days. Based on an average daily trading volume, of 142,300 shares, the short-interest ratio is presently 1.1 days.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on AVVIY shares. Citigroup raised shares of Aviva to a “hold” rating in a report on Tuesday, July 15th. Zacks Research raised shares of Aviva from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 25th. Keefe, Bruyette & Woods cut shares of Aviva from a “hold” rating to a “moderate sell” rating in a report on Thursday, October 9th. Wall Street Zen raised shares of Aviva from a “hold” rating to a “buy” rating in a report on Saturday, September 6th. Finally, Royal Bank Of Canada raised shares of Aviva to a “moderate buy” rating in a report on Monday, October 13th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Aviva Stock Up 0.1%

Shares of AVVIY stock opened at $18.09 on Friday. Aviva has a 12 month low of $11.49 and a 12 month high of $19.00. The company has a 50 day simple moving average of $18.35 and a two-hundred day simple moving average of $17.01.

About Aviva

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.