Ageas SA (OTCMKTS:AGESY) Short Interest Update

Ageas SA (OTCMKTS:AGESY) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 9,166 shares, a growth of 193.5% from the December 31st total of 3,123 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 8,206 shares, the short-interest ratio is currently 1.1 days. Based on an average trading volume of 8,206 shares, the short-interest ratio is currently 1.1 days. Approximately 0.0% of the shares of the company are sold short.

Analysts Set New Price Targets

A number of brokerages have recently commented on AGESY. Barclays reissued an “overweight” rating on shares of Ageas in a report on Tuesday, December 9th. The Goldman Sachs Group raised shares of Ageas to a “hold” rating in a research note on Tuesday, December 2nd. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Ageas Stock Performance

Shares of Ageas stock opened at $71.65 on Friday. The business has a fifty day simple moving average of $69.15 and a 200-day simple moving average of $68.89. Ageas has a fifty-two week low of $50.61 and a fifty-two week high of $73.61.

About Ageas

Ageas is a multinational insurance group headquartered in Brussels, Belgium, offering a broad range of life and non?life insurance products. Established in 2010 following the restructuring of the Fortis group, Ageas traces its roots back to AG Insurance, founded in 1824. The company operates through two main business segments—protection and savings for individual and corporate clients, and a specialized brokerage and bancassurance network—providing both traditional and innovative risk management solutions.

In the life insurance segment, Ageas offers savings and pension plans, unit?linked policies, and health insurance coverage, while its non?life operations include property, casualty, motor, and liability insurance.