Axa Sa (OTCMKTS:AXAHY) Short Interest Up 143.8% in July

Axa Sa (OTCMKTS:AXAHY) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 238,105 shares, an increase of 143.8% from the June 30th total of 97,676 shares. Based on an average daily volume of 198,636 shares, the short-interest ratio is presently 1.2 days. Currently, 0.0% of the company’s shares are sold short.

AXA Price Performance

OTCMKTS:AXAHY opened at $51.57 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.06 and a current ratio of 0.06. AXA has a 12-month low of $43.04 and a 12-month high of $51.92. The stock’s fifty day simple moving average is $48.63 and its 200-day simple moving average is $47.13.

Wall Street Analyst Weigh In

Separately, Erste Group Bank upgraded shares of AXA to a “strong-buy” rating in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Strong Buy”.

AXA Company Profile

AXA is a French multinational insurance and asset management group headquartered in Paris. The company provides a broad range of insurance and financial protection products for individuals, professionals and corporate clients, and its shares are listed in Europe with American depositary receipts trading on U.S. OTC markets under the symbol AXAHY. AXA operates through a network of distributors including agents, brokers and bancassurance partners to deliver life, health, property & casualty and retirement solutions.

Core business activities include life and savings products, personal and commercial property & casualty insurance, health and protection coverages, and asset management services delivered through its investment arm.