Short Interest in Beazley plc (OTCMKTS:BZLYF) Increases By 80.4%

Beazley plc (OTCMKTS:BZLYF) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 223,500 shares, a growth of 80.4% from the September 30th total of 123,900 shares. Based on an average daily volume of 10,800 shares, the days-to-cover ratio is presently 20.7 days. Based on an average daily volume of 10,800 shares, the days-to-cover ratio is presently 20.7 days.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada restated an “outperform” rating on shares of Beazley in a research note on Tuesday, October 14th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy”.

Beazley Stock Performance

OTCMKTS BZLYF opened at $12.48 on Monday. Beazley has a 12 month low of $9.11 and a 12 month high of $13.23. The company’s 50 day simple moving average is $11.56 and its 200 day simple moving average is $11.93.

Beazley Company Profile

Beazley plc provides risk insurance and reinsurance solutions in the United States, the United Kingdom, rest of Europe, and internationally. It operates through Cyber Risks, Digital, MAP Risks, Property Risks, and Specialty Risks segments. The Cyber Risk segment underwrites cyber and technology risks.