AXA SA (OTCMKTS:AXAHY) Short Interest Down 36.9% in April

AXA SA (OTCMKTS:AXAHY) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 61,100 shares, a decline of 36.9% from the March 31st total of 96,900 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 320,400 shares, the short-interest ratio is presently 0.2 days.

AXA Price Performance

Shares of AXAHY opened at $46.82 on Tuesday. AXA has a one year low of $31.04 and a one year high of $46.92. The business’s 50 day simple moving average is $42.37 and its 200-day simple moving average is $38.64.

AXA Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Monday, May 5th will be issued a $2.0192 dividend. This represents a dividend yield of 4.31%. The ex-dividend date of this dividend is Friday, May 2nd.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on AXAHY shares. The Goldman Sachs Group upgraded AXA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 2nd. Morgan Stanley reaffirmed an “overweight” rating on shares of AXA in a report on Wednesday, March 5th.

AXA Company Profile

AXA SA, through its subsidiaries, provides insurance, asset management, and banking services worldwide. The company operates through six segments: France; Europe; AXA XL; Asia, Africa & EME-LATAM; AXA Investment Managers; and Transversal & Other segments It offers life and savings insurance products, such as savings and retirement, other health, and personal protection products.