ageas SA/NV (OTCMKTS:AGESY) Short Interest Update

ageas SA/NV (OTCMKTS:AGESY) was the recipient of a large drop in short interest in November. As of November 30th, there was short interest totalling 2,600 shares, a drop of 48.0% from the November 15th total of 5,000 shares. Based on an average daily trading volume, of 7,000 shares, the short-interest ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods downgraded shares of ageas SA/NV from a “moderate buy” rating to a “hold” rating in a report on Wednesday, November 13th.

ageas SA/NV Stock Performance

OTCMKTS AGESY opened at $49.59 on Thursday. The stock’s 50 day simple moving average is $51.88 and its 200-day simple moving average is $49.80. ageas SA/NV has a 1-year low of $40.42 and a 1-year high of $54.07.

ageas SA/NV Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 13th. Investors of record on Thursday, December 5th will be paid a dividend of $1.1088 per share. The ex-dividend date of this dividend is Thursday, December 5th.

About ageas SA/NV

ageas SA/NV, together with its subsidiaries, engages in insurance business. It operates in five segments: Belgium, Europe, Asia, Reinsurance, and General Account. The company offers property, casualty, and life insurance products, as well as pension products; and reinsurance products. It provides life insurance products include risks related to the life and death of individuals; and non-life insurance products comprise accident and health, motor, fire, and other property insurance products, as well as insurance services for other damages to property.