Short Interest in Allianz SE (OTCMKTS:ALIZY) Grows By 68.0%

Allianz SE (OTCMKTS:ALIZY) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 118,049 shares, a growth of 68.0% from the November 30th total of 70,272 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 311,952 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 311,952 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the company’s shares are sold short.

Allianz Stock Performance

ALIZY stock opened at $45.69 on Tuesday. Allianz has a fifty-two week low of $29.83 and a fifty-two week high of $46.24. The business’s 50 day moving average price is $42.82 and its two-hundred day moving average price is $41.77. The company has a market capitalization of $173.81 billion, a price-to-earnings ratio of 15.18, a price-to-earnings-growth ratio of 1.28 and a beta of 0.65.

Allianz (OTCMKTS:ALIZY) last released its earnings results on Friday, November 14th. The company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.09. The company had revenue of $32.25 billion during the quarter. Allianz had a return on equity of 17.38% and a net margin of 5.69%. Sell-side analysts forecast that Allianz will post 2.63 earnings per share for the current year.

Analyst Ratings Changes

ALIZY has been the subject of several recent analyst reports. Erste Group Bank raised shares of Allianz from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 10th. Keefe, Bruyette & Woods upgraded Allianz from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold”.

About Allianz

Allianz SE is a multinational financial services company headquartered in Munich, Germany, with a history dating back to 1890. The company is primarily known as a major global insurer and asset manager, offering a wide range of insurance and risk management products for individuals, businesses and institutional clients. Allianz’s operations encompass property and casualty insurance, life and health insurance, retirement solutions and specialty risk coverage for commercial and corporate customers.

In addition to underwriting insurance, Allianz operates substantial asset management businesses that manage investments on behalf of its insurance operations and external clients.