Hannover Rück SE (OTCMKTS:HVRRY) Sees Significant Growth in Short Interest

Hannover Rück SE (OTCMKTS:HVRRY) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 1,700 shares, an increase of 142.9% from the September 30th total of 700 shares. Based on an average daily trading volume, of 6,800 shares, the short-interest ratio is presently 0.3 days.

Hannover Rück Stock Performance

Shares of HVRRY opened at $44.05 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.08 and a quick ratio of 0.08. The stock has a 50-day moving average of $46.64 and a 200-day moving average of $43.30. The company has a market cap of $31.87 billion, a PE ratio of 15.93 and a beta of 0.74. Hannover Rück has a one year low of $35.66 and a one year high of $48.42.

Hannover Rück (OTCMKTS:HVRRY) last issued its earnings results on Wednesday, August 7th. The financial services provider reported $2.69 EPS for the quarter, beating the consensus estimate of $0.65 by $2.04. The company had revenue of $6.72 billion during the quarter. Hannover Rück had a return on equity of 16.85% and a net margin of 7.43%. On average, equities research analysts predict that Hannover Rück will post 3.35 EPS for the current fiscal year.

Hannover Rück Company Profile

Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments.