Allianz SE (OTCMKTS:ALIZY) Short Interest Up 183.7% in October

Allianz SE (OTCMKTS:ALIZY) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 53,900 shares, a growth of 183.7% from the September 30th total of 19,000 shares. Based on an average daily trading volume, of 153,600 shares, the short-interest ratio is presently 0.4 days.

Allianz Stock Performance

Shares of OTCMKTS ALIZY opened at $31.55 on Monday. The firm’s fifty day moving average is $31.77 and its two-hundred day moving average is $29.49. Allianz has a 52-week low of $22.91 and a 52-week high of $33.19. The company has a market cap of $123.59 billion, a P/E ratio of 12.98, a P/E/G ratio of 1.21 and a beta of 1.12.

Allianz (OTCMKTS:ALIZY) last posted its earnings results on Thursday, August 8th. The company reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.02. Allianz had a return on equity of 15.52% and a net margin of 5.48%. The company had revenue of $27.38 billion for the quarter. As a group, analysts forecast that Allianz will post 2.66 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised Allianz to a “strong-buy” rating in a report on Wednesday, September 18th.

About Allianz

Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company’s Property-Casualty segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel to private and corporate customers.