Admiral Group plc (OTCMKTS:AMIGY) Stock Short Interest Report for September

Admiral Group plc (OTCMKTS:AMIGY) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 18,161 shares, an increase of 110.2% from the September 15th total of 8,639 shares. Based on an average daily volume of 27,453 shares, the days-to-cover ratio is currently 0.7 days.

Admiral Group Trading Down 2.0%

OTCMKTS AMIGY opened at $49.10 on Thursday. The company’s 50 day simple moving average is $51.57 and its 200 day simple moving average is $48.29. Admiral Group has a 12 month low of $36.05 and a 12 month high of $56.91.

Analysts Set New Price Targets

A number of analysts have recently commented on AMIGY shares. Royal Bank Of Canada reissued a “sector perform” rating on shares of Admiral Group in a research note on Wednesday, August 12th. The Goldman Sachs Group upgraded Admiral Group from a “sell” rating to a “neutral” rating in a report on Thursday, July 9th. Citigroup reaffirmed a “buy” rating on shares of Admiral Group in a research note on Friday, August 7th. Finally, Morgan Stanley raised Admiral Group from an “underweight” rating to an “overweight” rating in a report on Monday, September 7th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Admiral Group Company Profile

Admiral Group plc is a United Kingdom-based financial services company specializing in insurance and price-comparison services. Its principal business is motor insurance, offered through brands including Admiral, Elephant, Diamond and Gladiator. The group serves individual motorists as well as customers seeking cover for vans and other vehicles.

The company also provides a range of related insurance products, including home, travel, pet, landlord and other personal lines coverage. Through Confused.com, its price-comparison business, Admiral enables consumers to compare insurance and financial products from multiple providers.