Ageas SA (OTCMKTS:AGESY) Sees Significant Increase in Short Interest

Ageas SA (OTCMKTS:AGESY) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 3,123 shares, an increase of 161.3% from the December 15th total of 1,195 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 4,342 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 4,342 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the shares of the company are sold short.

Ageas Stock Down 1.2%

Shares of AGESY stock opened at $68.80 on Wednesday. Ageas has a 12 month low of $48.21 and a 12 month high of $73.61. The company has a 50 day simple moving average of $68.53 and a two-hundred day simple moving average of $68.68.

Analysts Set New Price Targets

A number of research firms have commented on AGESY. The Goldman Sachs Group raised shares of Ageas to a “hold” rating in a research report on Tuesday, December 2nd. Barclays reaffirmed an “overweight” rating on shares of Ageas in a report on Tuesday, December 9th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

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.