Short Interest in Zurich Insurance Group AG (OTCMKTS:ZURVY) Declines By 40.3%

Zurich Insurance Group AG (OTCMKTS:ZURVY) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 15,100 shares, a drop of 40.3% from the May 31st total of 25,300 shares. Based on an average trading volume of 112,100 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Bank of America upgraded Zurich Insurance Group from a “neutral” rating to a “buy” rating in a report on Friday, May 17th.

Zurich Insurance Group Stock Performance

ZURVY opened at $53.37 on Friday. The stock has a fifty day simple moving average of $51.57 and a two-hundred day simple moving average of $51.76. The company has a current ratio of 22.20, a quick ratio of 22.20 and a debt-to-equity ratio of 0.52. Zurich Insurance Group has a 12-month low of $44.42 and a 12-month high of $55.63.

Zurich Insurance Group Company Profile

Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company operates through Property & Casualty Regions, Life Regions, Farmers, Group Functions and Operations, and Non-Core Businesses segments.