Allianz SE (OTCMKTS:ALIZY) Short Interest Update

Allianz SE (OTCMKTS:ALIZY) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 1,022,882 shares, a growth of 896.8% from the May 14th total of 102,618 shares. Based on an average daily trading volume, of 663,790 shares, the short-interest ratio is currently 1.5 days. Approximately 0.0% of the company’s shares are sold short.

Allianz Price Performance

Shares of Allianz stock opened at $43.73 on Wednesday. Allianz has a one year low of $38.44 and a one year high of $46.58. The stock’s 50-day moving average is $44.31 and its 200 day moving average is $43.87. The firm has a market cap of $166.36 billion, a price-to-earnings ratio of 12.15, a PEG ratio of 1.39 and a beta of 0.64.

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

Analyst Ratings Changes

A number of equities research analysts have commented on ALIZY shares. Royal Bank Of Canada started coverage on Allianz in a research report on Tuesday, February 17th. They issued a “hold” rating on the stock. The Goldman Sachs Group upgraded Allianz from a “hold” rating to a “buy” rating in a research report on Tuesday, April 21st. Finally, Citigroup restated a “neutral” rating on shares of Allianz in a research report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Allianz currently has a consensus rating of “Moderate Buy”.

About Allianz

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.