Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) Sees Significant Decline in Short Interest

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 111,608 shares, a decrease of 57.7% from the May 31st total of 264,102 shares. Based on an average daily volume of 301,485 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Kepler Capital Markets raised Zurich Insurance Group from a “strong sell” rating to a “hold” rating in a research report on Monday, March 16th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce”.

Zurich Insurance Group Stock Performance

Shares of OTCMKTS:ZURVY opened at $36.33 on Monday. The company has a current ratio of 10.11, a quick ratio of 10.11 and a debt-to-equity ratio of 0.46. The company has a 50-day moving average price of $35.49 and a two-hundred day moving average price of $35.89. Zurich Insurance Group has a twelve month low of $33.62 and a twelve month high of $38.29.

Zurich Insurance Group Company Profile

Zurich Insurance Group is a global insurance company headquartered in Zurich, Switzerland, that provides a broad range of insurance and risk management products to individuals, small and medium-sized enterprises, large corporations and multinational clients. Founded in 1872, the company has grown into one of the world’s major insurers, offering both property & casualty and life insurance solutions alongside related services such as claims management and risk engineering.

Zurich’s core activities include general (non-life) insurance and life insurance products.