M?nchener R?ckversicherungs-Gesellschaft (OTCMKTS:MURGY) Short Interest Up 200.8% in December

M?nchener R?ckversicherungs-Gesellschaft (OTCMKTS:MURGY) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 127,878 shares, a growth of 200.8% from the November 30th total of 42,512 shares. Based on an average daily trading volume, of 585,295 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 585,295 shares, the days-to-cover ratio is presently 0.2 days.

M?nchener R?ckversicherungs-Gesellschaft Stock Performance

Shares of MURGY stock traded up $0.05 during trading hours on Friday, hitting $13.30. The company’s stock had a trading volume of 174,789 shares, compared to its average volume of 365,385. The company has a 50 day moving average of $12.68 and a 200 day moving average of $12.86. The stock has a market cap of $86.88 billion, a PE ratio of 7.56, a price-to-earnings-growth ratio of 1.34 and a beta of 0.53. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.20. M?nchener R?ckversicherungs-Gesellschaft has a 12-month low of $9.72 and a 12-month high of $14.41.

M?nchener R?ckversicherungs-Gesellschaft (OTCMKTS:MURGY) last issued its earnings results on Tuesday, November 11th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.02. The firm had revenue of $20.21 billion during the quarter, compared to analysts’ expectations of $19.35 billion. M?nchener R?ckversicherungs-Gesellschaft had a net margin of 10.34% and a return on equity of 19.63%. On average, sell-side analysts forecast that M?nchener R?ckversicherungs-Gesellschaft will post 0.46 EPS for the current fiscal year.

M?nchener R?ckversicherungs-Gesellschaft Company Profile

Münchener Rückversicherungs-Gesellschaft (OTCMKTS:MURGY), commonly known as Munich Re, is a global reinsurance company headquartered in Munich, Germany. The firm’s core business is providing reinsurance solutions to primary insurers, covering property–casualty and life & health risks. Munich Re also offers specialty reinsurance products for complex or large-scale exposures and develops tailored risk-transfer solutions for clients facing catastrophic, industrial, or longevity risks.

In addition to its reinsurance operations, Munich Re conducts primary insurance activities through its ERGO Group subsidiary, which markets life, health, property & casualty, and legal protection insurance to retail and corporate customers.