Short Interest in Zurich Insurance Group AG (OTCMKTS:ZURVY) Expands By 180.1%

Zurich Insurance Group AG (OTCMKTS:ZURVY) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 91,600 shares, a growth of 180.1% from the March 15th total of 32,700 shares. Based on an average daily volume of 281,500 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Separately, UBS Group cut Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a report on Thursday, December 19th.

Zurich Insurance Group Stock Performance

Shares of ZURVY stock traded up $0.28 during trading on Thursday, reaching $34.00. The company’s stock had a trading volume of 220,090 shares, compared to its average volume of 213,319. Zurich Insurance Group has a one year low of $23.46 and a one year high of $35.48. The business has a fifty day moving average price of $33.38 and a 200-day moving average price of $31.31.

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.