Short Interest in Ageas SA (OTCMKTS:AGESY) Expands By 219.7%

Ageas SA (OTCMKTS:AGESY) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 17,332 shares, an increase of 219.7% from the April 30th total of 5,421 shares. Based on an average daily volume of 8,898 shares, the short-interest ratio is currently 1.9 days. Currently, 0.0% of the shares of the stock are sold short.

Ageas Stock Performance

AGESY opened at $79.39 on Friday. Ageas has a twelve month low of $64.14 and a twelve month high of $81.33. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.13 and a current ratio of 1.13. The company has a 50-day moving average price of $77.40 and a 200 day moving average price of $72.70.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded shares of Ageas from a “hold” rating to a “strong sell” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Ageas has an average rating of “Hold”.

About Ageas

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.