Ageas SA (OTCMKTS:AGESY) Sees Large Decline in Short Interest

Ageas SA (OTCMKTS:AGESY) was the recipient of a large drop in short interest in February. As of February 27th, there was short interest totaling 5,202 shares, a drop of 71.3% from the February 12th total of 18,101 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 15,832 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 15,832 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

Several brokerages recently weighed in on AGESY. Barclays restated an “overweight” rating on shares of Ageas in a research report on Tuesday, December 9th. The Goldman Sachs Group raised Ageas to a “hold” rating in a research note on Tuesday, December 2nd. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Ageas Trading Down 0.0%

Shares of AGESY opened at $69.82 on Thursday. Ageas has a 52 week low of $53.88 and a 52 week high of $75.43. The stock has a fifty day moving average of $71.64 and a 200-day moving average of $69.49.

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.