Admiral Group plc (OTCMKTS:AMIGY) Short Interest Update

Admiral Group plc (OTCMKTS:AMIGY) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 5,254 shares, a decrease of 62.1% from the June 30th total of 13,867 shares. Based on an average daily trading volume, of 35,429 shares, the days-to-cover ratio is presently 0.1 days.

Admiral Group Stock Performance

Shares of Admiral Group stock opened at $50.53 on Wednesday. The company has a fifty day simple moving average of $47.05 and a 200-day simple moving average of $43.88. Admiral Group has a 12-month low of $36.05 and a 12-month high of $52.08.

Analyst Ratings Changes

A number of analysts have issued reports on AMIGY shares. Citigroup raised Admiral Group to a “buy” rating in a report on Tuesday. The Goldman Sachs Group upgraded Admiral Group from a “sell” rating to a “neutral” rating in a report on Thursday, July 9th. Finally, Royal Bank Of Canada lowered Admiral Group from a “sector perform” rating to a “sector perform” rating in a research report on Friday, June 19th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Admiral Group currently has an average rating of “Moderate Buy”.

Admiral Group Company Profile

Admiral Group plc is a UK-based specialist insurer founded in 1993 and headquartered in Cardiff, Wales. Since its inception, the company has focused on developing straightforward insurance products sold directly to customers, pioneering the use of online sales and multi-car policies. Admiral’s low-overhead model and emphasis on technology have helped it establish a significant presence in the personal lines insurance market.

The core offering of Admiral Group centers on motor insurance, with additional products including home insurance, travel cover and breakdown assistance.