Short Interest in Aviva plc (OTCMKTS:AVVIY) Decreases By 75.8%

Aviva plc (OTCMKTS:AVVIY) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 14,700 shares, a decline of 75.8% from the December 31st total of 60,800 shares. Based on an average daily trading volume, of 77,800 shares, the days-to-cover ratio is currently 0.2 days.

Analysts Set New Price Targets

Several research analysts have recently weighed in on AVVIY shares. BNP Paribas upgraded Aviva from a “strong sell” rating to a “hold” rating in a research note on Thursday, December 5th. Hsbc Global Res upgraded shares of Aviva from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 15th. Royal Bank of Canada raised shares of Aviva to a “moderate buy” rating in a research report on Thursday, October 3rd. Finally, Keefe, Bruyette & Woods raised shares of Aviva from a “hold” rating to a “moderate buy” rating in a 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 stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

Aviva Stock Performance

Shares of OTCMKTS:AVVIY traded down $0.05 during midday trading on Tuesday, reaching $12.79. 30,803 shares of the company traded hands, compared to its average volume of 32,206. The firm’s fifty day moving average price is $12.16 and its two-hundred day moving average price is $12.55. Aviva has a 12 month low of $10.50 and a 12 month high of $13.58.

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.