Talanx AG (OTCMKTS:TLLXY) Stock Short Interest Report for October

Talanx AG (OTCMKTS:TLLXY) was the recipient of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 34 shares, a decrease of 95.3% from the October 15th total of 731 shares. Based on an average daily volume of 99 shares, the short-interest ratio is currently 0.3 days.

Talanx Price Performance

Shares of TLLXY remained flat at $72.17 during midday trading on Wednesday. The company’s stock had a trading volume of 3 shares, compared to its average volume of 766. Talanx has a twelve month low of $57.17 and a twelve month high of $75.00. The business has a fifty day simple moving average of $71.05 and a 200 day simple moving average of $64.53.

Analysts Set New Price Targets

A number of research analysts have weighed in on TLLXY shares. The Goldman Sachs Group started coverage on Talanx in a report on Tuesday, July 28th. They issued a “buy” rating on the stock. BNP Paribas Exane lowered shares of Talanx to a “neutral” rating in a research note on Monday, September 7th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Talanx Company Profile

Talanx AG is a Germany-based insurance group headquartered in Hannover. Its roots trace to 1903, when the liability insurance association for German industry that later became HDI was established. Talanx operates internationally through a portfolio of insurance and financial-services businesses. The group provides property and casualty, life and health insurance, reinsurance, and asset-management services. Its activities serve individual customers as well as industrial and commercial clients, with businesses including HDI and Hannover Re.