Zurich Insurance Group AG (OTCMKTS:ZURVY – Get Free Report) saw a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 96,400 shares, a decline of 60.8% from the December 15th total of 245,900 shares. Based on an average daily volume of 230,400 shares, the short-interest ratio is currently 0.4 days.
Zurich Insurance Group Trading Down 1.1 %
Shares of OTCMKTS ZURVY traded down $0.33 during mid-day trading on Tuesday, reaching $28.72. 168,413 shares of the company were exchanged, compared to its average volume of 132,088. The firm has a 50-day moving average of $30.39 and a 200 day moving average of $36.42. Zurich Insurance Group has a 1 year low of $23.46 and a 1 year high of $32.04.
Analyst Upgrades and Downgrades
ZURVY has been the subject of several recent research reports. BNP Paribas lowered Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 3rd. UBS Group downgraded Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 19th. Finally, The Goldman Sachs Group upgraded shares of Zurich Insurance Group to a “hold” rating in a report on Wednesday, September 18th.
About Zurich Insurance Group
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.
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