Short Interest in Allianz SE (OTCMKTS:ALIZY) Drops By 89.1%

Allianz SE (OTCMKTS:ALIZY) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 111,309 shares, a decline of 89.1% from the May 31st total of 1,022,882 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 393,429 shares, the short-interest ratio is currently 0.3 days.

Allianz Stock Performance

OTCMKTS ALIZY opened at $46.13 on Friday. The business has a fifty day moving average price of $44.87 and a 200 day moving average price of $44.12. The company has a market cap of $175.49 billion, a P/E ratio of 12.81, a P/E/G ratio of 1.47 and a beta of 0.64. Allianz has a one year low of $38.44 and a one year high of $46.58.

Allianz (OTCMKTS:ALIZY) last announced its earnings results on Wednesday, May 13th. The company reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.02. Allianz had a net margin of 6.48% and a return on equity of 19.92%. As a group, sell-side analysts predict that Allianz will post 3.6 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently weighed in on ALIZY. Citigroup reaffirmed a “neutral” rating on shares of Allianz in a research note on Friday, May 15th. The Goldman Sachs Group upgraded Allianz from a “hold” rating to a “buy” rating in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Allianz Company Profile

Allianz SE is a multinational financial services company headquartered in Munich, Germany, with a history dating back to 1890. The company is primarily known as a major global insurer and asset manager, offering a wide range of insurance and risk management products for individuals, businesses and institutional clients. Allianz’s operations encompass property and casualty insurance, life and health insurance, retirement solutions and specialty risk coverage for commercial and corporate customers.

In addition to underwriting insurance, Allianz operates substantial asset management businesses that manage investments on behalf of its insurance operations and external clients.