Aviva plc (OTCMKTS:AVVIY) Sees Large Growth in Short Interest

Aviva plc (OTCMKTS:AVVIY) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 54,600 shares, an increase of 12.3% from the January 15th total of 48,600 shares. Based on an average trading volume of 53,700 shares, the days-to-cover ratio is currently 1.0 days.

Aviva Stock Performance

Shares of AVVIY opened at $12.98 on Friday. The company’s fifty day moving average is $12.27 and its 200 day moving average is $12.56. Aviva has a fifty-two week low of $10.82 and a fifty-two week high of $13.58.

Wall Street Analysts Forecast Growth

AVVIY has been the topic of a number of research reports. Hsbc Global Res upgraded shares of Aviva from a “hold” rating to a “strong-buy” rating in a report on Friday, November 15th. BNP Paribas raised Aviva from a “strong sell” rating to a “hold” rating in a report on Thursday, December 5th. Finally, Keefe, Bruyette & Woods upgraded Aviva from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, November 27th. One investment analyst has rated the stock with a hold rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Aviva has an average rating of “Buy”.

Aviva Company Profile

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.