Short Interest in Zurich Insurance Group AG (OTCMKTS:ZURVY) Drops By 46.1%

Zurich Insurance Group AG (OTCMKTS:ZURVY) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 30,700 shares, a decline of 46.1% from the February 13th total of 57,000 shares. Based on an average trading volume of 718,500 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Separately, UBS Group cut shares of Zurich Insurance Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 19th.

Zurich Insurance Group Price Performance

Shares of ZURVY stock opened at $34.07 on Friday. The company’s 50-day moving average price is $31.36 and its 200-day moving average price is $30.57. Zurich Insurance Group has a twelve month low of $23.46 and a twelve month high of $34.34.

Zurich Insurance Group Company Profile

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.