Short Interest in Talanx AG (OTCMKTS:TNXXF) Rises By 225.6%

Talanx AG (OTCMKTS:TNXXF) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 153,049 shares, an increase of 225.6% from the June 30th total of 47,004 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Wall Street Analyst Weigh In

Separately, BNP Paribas Exane raised Talanx to an “outperform” rating in a research report on Wednesday, June 17th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy”.

Talanx Price Performance

TNXXF stock opened at C$116.87 on Tuesday. Talanx has a twelve month low of C$114.70 and a twelve month high of C$140.55. The company’s 50 day moving average is C$121.00 and its two-hundred day moving average is C$127.48.

About Talanx

Talanx AG is a Germany‐based insurance group headquartered in Hanover, operating as one of the country’s largest property and casualty insurers. Through its principal underwriting arm, HDI, the company provides a broad range of commercial and industrial risk solutions, including marine, aviation and engineering insurance. Talanx also offers specialty lines such as credit and surety, environmental liability, and cyber coverage, positioning itself as a versatile partner for multinational corporations and niche markets alike.

In addition to its property and casualty operations, Talanx maintains a significant presence in life and health insurance.