AIA (OTCMKTS:AAGIY) Sees Significant Increase in Short Interest

AIA (OTCMKTS:AAGIY) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 118,314 shares, a growth of 62.2% from the September 15th total of 72,943 shares. Based on an average trading volume of 677,432 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

AIA Stock Performance

OTCMKTS:AAGIY opened at $37.47 on Friday. AIA has a 52-week low of $34.50 and a 52-week high of $46.84. The stock’s 50 day moving average price is $37.77 and its 200 day moving average price is $39.82.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered AIA from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 26th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

About AIA

AIA Group Limited is a Hong Kong-based insurance and financial services company focused primarily on life and health insurance. Through its subsidiaries and operating companies, AIA provides individual and group insurance products covering life protection, medical and health needs, critical illness, savings, retirement planning and wealth management.

The company also offers employee benefits and related financial solutions, distributing its products through agents, bancassurance partnerships, brokers, digital channels and other intermediaries.