Allianz SE (OTCMKTS:ALIZY) Short Interest Up 183.7% in October

Allianz SE (OTCMKTS:ALIZY) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 53,900 shares, an increase of 183.7% from the September 30th total of 19,000 shares. Based on an average daily volume of 153,600 shares, the days-to-cover ratio is presently 0.4 days.

Allianz Trading Down 1.1 %

ALIZY opened at $31.55 on Friday. The firm has a market cap of $123.59 billion, a price-to-earnings ratio of 12.98, a PEG ratio of 1.21 and a beta of 1.12. Allianz has a 12 month low of $22.91 and a 12 month high of $33.19. The stock has a fifty day moving average price of $31.77 and a 200-day moving average price of $29.47.

Allianz (OTCMKTS:ALIZY) last announced its 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 business had revenue of $27.38 billion during the quarter. On average, equities research analysts forecast that Allianz will post 2.66 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded shares of Allianz to a “strong-buy” rating in a research note on Wednesday, September 18th.

Allianz Company Profile

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.