Ageas SA (OTCMKTS:AGESY) Short Interest Down 87.1% in December

Ageas SA (OTCMKTS:AGESY) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totaling 1,195 shares, a decrease of 87.1% from the November 30th total of 9,242 shares. Based on an average daily volume of 10,555 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 10,555 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on AGESY shares. The Goldman Sachs Group raised shares of Ageas to a “hold” rating in a research report on Tuesday, December 2nd. Barclays reaffirmed an “overweight” rating on shares of Ageas in a research note on Tuesday, December 9th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Ageas Trading Down 0.1%

OTCMKTS AGESY opened at $70.65 on Thursday. The firm’s 50 day moving average is $67.66 and its 200-day moving average is $68.26. Ageas has a 12-month low of $47.49 and a 12-month high of $73.61.

About Ageas

Ageas is a multinational insurance group headquartered in Brussels, Belgium, offering a broad range of life and non‐life insurance products. Established in 2010 following the restructuring of the Fortis group, Ageas traces its roots back to AG Insurance, founded in 1824. The company operates through two main business segments—protection and savings for individual and corporate clients, and a specialized brokerage and bancassurance network—providing both traditional and innovative risk management solutions.

In the life insurance segment, Ageas offers savings and pension plans, unit‐linked policies, and health insurance coverage, while its non‐life operations include property, casualty, motor, and liability insurance.