AIA (OTCMKTS:AAGIY) Sees Large Increase in Short Interest

AIA (OTCMKTS:AAGIY) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 206,601 shares, an increase of 241.1% from the April 30th total of 60,566 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 702,213 shares, the days-to-cover ratio is presently 0.3 days.

AIA Stock Down 0.1%

OTCMKTS:AAGIY opened at $43.02 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.08 and a current ratio of 0.08. AIA has a fifty-two week low of $32.91 and a fifty-two week high of $46.84. The firm has a 50-day simple moving average of $43.78 and a two-hundred day simple moving average of $43.00.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of AIA from a “strong sell” rating to a “hold” rating in a research note on Monday. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, AIA presently has a consensus rating of “Moderate Buy”.

AIA Company Profile

AIA Group Limited is a Hong Kong–headquartered life insurance company with roots dating back to 1919. Originally established in Shanghai, the company has grown into a pan‑Asian insurer offering a broad range of protection and long‑term savings products. AIA serves both individual and corporate clients and is widely recognized for its extensive presence across the Asia‑Pacific region.

The company’s core business includes life insurance, accident and health insurance, savings and wealth accumulation products, and retirement solutions.