Short Interest in Allianz SE (OTCMKTS:ALIZY) Drops By 56.7%

Allianz SE (OTCMKTS:ALIZY) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 15,400 shares, a decrease of 56.7% from the March 15th total of 35,600 shares. Based on an average daily volume of 294,200 shares, the short-interest ratio is currently 0.1 days.

Allianz Stock Down 0.6 %

OTCMKTS ALIZY opened at $28.05 on Friday. The stock has a market capitalization of $109.86 billion, a P/E ratio of 12.25, a P/E/G ratio of 2.96 and a beta of 1.13. Allianz has a 52-week low of $21.13 and a 52-week high of $30.10. The firm has a 50-day moving average price of $27.96 and a 200 day moving average price of $26.12.

Allianz (OTCMKTS:ALIZY) last posted its quarterly earnings results on Friday, February 23rd. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.04. The firm had revenue of $27.54 billion during the quarter. Allianz had a net margin of 5.29% and a return on equity of 15.35%. On average, equities research analysts expect that Allianz will post 2.74 earnings per share for the current fiscal year.

Allianz Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Friday, May 10th will be issued a $1.0334 dividend. The ex-dividend date of this dividend is Thursday, May 9th. This is a boost from Allianz’s previous dividend of $0.87. Allianz’s dividend payout ratio (DPR) is 44.98%.

Allianz Company Profile

Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company's Property-Casualty segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel to private and corporate customers.