Short Interest in Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) Increases By 113.1%

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 143,963 shares, an increase of 113.1% from the April 30th total of 67,558 shares. Based on an average daily trading volume, of 273,376 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the company’s shares are short sold.

Zurich Insurance Group Stock Performance

Shares of Zurich Insurance Group stock opened at $35.58 on Monday. The firm has a fifty day moving average of $35.37 and a two-hundred day moving average of $35.90. Zurich Insurance Group has a 52 week low of $33.62 and a 52 week high of $38.29. The company has a current ratio of 10.11, a quick ratio of 10.11 and a debt-to-equity ratio of 0.46.

Analysts Set New Price Targets

Separately, Kepler Capital Markets raised Zurich Insurance Group from a “strong sell” rating to a “hold” rating in a report on Monday, March 16th. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce”.

About Zurich Insurance Group

Zurich Insurance Group is a global insurance company headquartered in Zurich, Switzerland, that provides a broad range of insurance and risk management products to individuals, small and medium-sized enterprises, large corporations and multinational clients. Founded in 1872, the company has grown into one of the world’s major insurers, offering both property & casualty and life insurance solutions alongside related services such as claims management and risk engineering.

Zurich’s core activities include general (non-life) insurance and life insurance products.