Ageas SA (OTCMKTS:AGESY) Short Interest Up 50.0% in February

Ageas SA (OTCMKTS:AGESY) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 18,101 shares, a growth of 50.0% from the January 29th total of 12,064 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 11,219 shares, the days-to-cover ratio is currently 1.6 days. Based on an average daily volume of 11,219 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.0% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on AGESY shares. The Goldman Sachs Group upgraded Ageas to a “hold” rating in a research report on Tuesday, December 2nd. Barclays restated an “overweight” rating on shares of Ageas in a report on Tuesday, December 9th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Ageas has a consensus rating of “Moderate Buy”.

Ageas Stock Performance

Ageas stock opened at $74.13 on Monday. Ageas has a twelve month low of $53.88 and a twelve month high of $75.43. The stock’s 50 day moving average is $71.65 and its 200 day moving average is $69.63.

Ageas Company Profile

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.