Allianz SE (OTCMKTS:ALIZY) Short Interest Down 69.1% in April

Allianz SE (OTCMKTS:ALIZY) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 83,127 shares, a drop of 69.1% from the April 15th total of 268,671 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 384,064 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analyst Weigh In

A number of analysts recently commented on ALIZY shares. Royal Bank Of Canada started coverage on Allianz in a report on Tuesday, February 17th. They set a “hold” rating on the stock. The Goldman Sachs Group raised Allianz from a “hold” rating to a “buy” rating in a research report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Allianz Price Performance

OTCMKTS:ALIZY opened at $43.68 on Thursday. The business has a fifty day simple moving average of $43.06 and a two-hundred day simple moving average of $43.49. Allianz has a 1 year low of $38.44 and a 1 year high of $46.58. The company has a market capitalization of $166.17 billion, a P/E ratio of 13.91, a P/E/G ratio of 1.38 and a beta of 0.65.

Allianz (OTCMKTS:ALIZY) last released its earnings results on Wednesday, May 13th. The company reported $1.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.19. Allianz had a return on equity of 17.50% and a net margin of 5.80%. As a group, analysts anticipate that Allianz will post 3.64 earnings per share for the current year.

Allianz Company Profile

Allianz SE is a multinational financial services company headquartered in Munich, Germany, with a history dating back to 1890. The company is primarily known as a major global insurer and asset manager, offering a wide range of insurance and risk management products for individuals, businesses and institutional clients. Allianz’s operations encompass property and casualty insurance, life and health insurance, retirement solutions and specialty risk coverage for commercial and corporate customers.

In addition to underwriting insurance, Allianz operates substantial asset management businesses that manage investments on behalf of its insurance operations and external clients.