Allianz SE (OTCMKTS:ALIZY) Sees Large Growth in Short Interest

Allianz SE (OTCMKTS:ALIZY) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 118,049 shares, a growth of 68.0% from the November 30th total of 70,272 shares. Based on an average daily volume of 311,952 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 311,952 shares, the days-to-cover ratio is currently 0.4 days.

Allianz Price Performance

Shares of OTCMKTS ALIZY opened at $46.19 on Friday. The company has a market capitalization of $175.72 billion, a price-to-earnings ratio of 15.35, a price-to-earnings-growth ratio of 1.28 and a beta of 0.65. The business has a 50-day moving average of $42.72 and a two-hundred day moving average of $41.71. Allianz has a 1 year low of $29.83 and a 1 year high of $46.24.

Allianz (OTCMKTS:ALIZY) last released its quarterly earnings data on Friday, November 14th. The company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.09. Allianz had a return on equity of 17.38% and a net margin of 5.69%.The business had revenue of $32.25 billion for the quarter. As a group, equities research analysts expect that Allianz will post 2.63 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Erste Group Bank raised Allianz from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 10th. Keefe, Bruyette & Woods upgraded shares of Allianz from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold”.

About Allianz

Allianz SE is a multinational financial services company headquartered in Munich, Germany, with a history dating back to 1890. The company is primarily known as a major global insurer and asset manager, offering a wide range of insurance and risk management products for individuals, businesses and institutional clients. Allianz’s operations encompass property and casualty insurance, life and health insurance, retirement solutions and specialty risk coverage for commercial and corporate customers.

In addition to underwriting insurance, Allianz operates substantial asset management businesses that manage investments on behalf of its insurance operations and external clients.