Short Interest in Ageas SA (OTCMKTS:AGESY) Grows By 31.6%

Ageas SA (OTCMKTS:AGESY) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 12,064 shares, a growth of 31.6% from the January 15th total of 9,166 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 10,225 shares, the days-to-cover ratio is presently 1.2 days. Based on an average trading volume of 10,225 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analyst Weigh In

AGESY has been the subject of a number of recent analyst reports. The Goldman Sachs Group raised shares of Ageas to a “hold” rating in a research report on Tuesday, December 2nd. Barclays restated an “overweight” rating on shares of Ageas in a research note on Tuesday, December 9th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Ageas Stock Down 1.2%

Shares of AGESY stock opened at $73.22 on Monday. Ageas has a 52 week low of $52.55 and a 52 week high of $75.43. The firm’s 50-day simple moving average is $70.44 and its two-hundred day simple moving average is $69.36.

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.