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Short Interest in Allianz SE (OTCMKTS:ALIZY) Rises By 183.7%


Short Interest in Allianz SE (OTCMKTS:ALIZY) Rises By 183.7%

Allianz SE (OTCMKTS:ALIZY - Get Free Report) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 53,900 shares, a growth of 183.7% from the September 30th total of 19,000 shares. Based on an average trading volume of 153,600 shares, the days-to-cover ratio is currently 0.4 days.

ALIZY opened at $31.55 on Friday. The business has a fifty day moving average of $31.77 and a 200 day moving average of $29.47. Allianz has a 52-week low of $22.91 and a 52-week high of $33.19. The stock has a market cap of $123.59 billion, a P/E ratio of 12.98, a PEG ratio of 1.21 and a beta of 1.12.

Allianz (OTCMKTS:ALIZY - Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.66 EPS for the quarter, topping analysts' consensus estimates of $0.64 by $0.02. Allianz had a net margin of 5.48% and a return on equity of 15.52%. The firm had revenue of $27.38 billion for the quarter. Equities analysts anticipate that Allianz will post 2.66 EPS for the current fiscal year.

Separately, The Goldman Sachs Group raised shares of Allianz to a "strong-buy" rating in a research report on Wednesday, September 18th.

Check Out Our Latest Analysis on Allianz

Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company's Property-Casualty segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel to private and corporate customers.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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