Axa Sa (OTCMKTS:AXAHY) Short Interest Down 91.5% in May

Axa Sa (OTCMKTS:AXAHY) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 7,349 shares, a drop of 91.5% from the April 30th total of 86,043 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 401,354 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Erste Group Bank raised shares of AXA to a “strong-buy” rating in a research report on Monday, April 27th. Royal Bank Of Canada assumed coverage on shares of AXA in a research note on Monday, February 16th. They issued a “moderate buy” rating for the company. One investment analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. According to MarketBeat.com, AXA currently has a consensus rating of “Buy”.

AXA Price Performance

OTCMKTS AXAHY opened at $46.15 on Friday. The company has a fifty day moving average of $46.88 and a 200 day moving average of $46.28. AXA has a 1 year low of $43.04 and a 1 year high of $50.95. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.06 and a current ratio of 0.06.

About AXA

AXA is a French multinational insurance and asset management group headquartered in Paris. The company provides a broad range of insurance and financial protection products for individuals, professionals and corporate clients, and its shares are listed in Europe with American depositary receipts trading on U.S. OTC markets under the symbol AXAHY. AXA operates through a network of distributors including agents, brokers and bancassurance partners to deliver life, health, property & casualty and retirement solutions.

Core business activities include life and savings products, personal and commercial property & casualty insurance, health and protection coverages, and asset management services delivered through its investment arm.