RSA Insurance Group plc (OTCMKTS:RSAIF) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 149,100 shares, a growth of 27.0% from the September 15th total of 117,400 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is currently 165.7 days.
Separately, HSBC raised shares of RSA Insurance Group from a “hold” rating to a “buy” rating in a report on Wednesday, September 16th.
RSAIF stock remained flat at $$5.90 during midday trading on Friday. RSA Insurance Group has a one year low of $3.78 and a one year high of $7.39. The company has a fifty day simple moving average of $5.90 and a 200 day simple moving average of $5.25.
RSA Insurance Group Company Profile
RSA Insurance Group plc, together with its subsidiaries, provides personal and commercial general insurance products. It operates through Scandinavia, Canada, and UK & International segments. The company offers a range of personal insurance products, including home, car, pet, and travel insurance products directly to its customers, as well as through brokers and agents.
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