Zurich Insurance Group AG (OTCMKTS:ZURVY) Short Interest Up 56.0% in December

Zurich Insurance Group AG (OTCMKTS:ZURVY) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 245,900 shares, an increase of 56.0% from the November 30th total of 157,600 shares. Based on an average daily trading volume, of 174,400 shares, the short-interest ratio is presently 1.4 days.

Zurich Insurance Group Stock Down 1.5 %

Shares of Zurich Insurance Group stock opened at $29.94 on Friday. The stock’s fifty day simple moving average is $30.42 and its 200 day simple moving average is $38.49. Zurich Insurance Group has a 12 month low of $23.46 and a 12 month high of $32.04.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. The Goldman Sachs Group raised Zurich Insurance Group to a “hold” rating in a research note on Wednesday, September 18th. BNP Paribas lowered Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 3rd. Finally, UBS Group lowered shares of Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, December 19th.

About Zurich Insurance Group

Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company operates through Property & Casualty Regions, Life Regions, Farmers, Group Functions and Operations, and Non-Core Businesses segments.