Aviva Plc Sees Significant Drop in Short Interest (AV)
Aviva Plc (NYSE:AV) was the target of a large decline in short interest in April. As of April 30th, there was short interest totalling 269,053 shares, a decline of 64.5% from the April 15th total of 758,855 shares, AR Network reports. Based on an average daily trading volume, of 295,340 shares, the short-interest ratio is presently 0.9 days. Currently, 0.0% of the shares of the company are sold short.
A number of analysts have recently weighed in on AV shares. Analysts at RBC Capital reiterated a “sector perform” rating on shares of Aviva Plc in a research note on Friday, May 16th. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Aviva Plc in a research note on Friday, May 16th. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Aviva Plc in a research note on Friday, May 16th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold”.
Shares of Aviva Plc (NYSE:AV) opened at 17.58 on Tuesday. Aviva Plc has a 52-week low of $9.89 and a 52-week high of $18.24. The stock’s 50-day moving average is $17.38 and its 200-day moving average is $15.71. The company has a market cap of $25.825 billion and a P/E ratio of 8.06.
Aviva plc (NYSE:AV) is an insurance group.
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