Short Interest in Allianz SE (OTCMKTS:ALIZY) Increases By 182.4%

Allianz SE (OTCMKTS:ALIZY) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 125,400 shares, an increase of 182.4% from the December 15th total of 44,400 shares. Based on an average daily volume of 248,600 shares, the days-to-cover ratio is currently 0.5 days.

Allianz Stock Performance

Shares of ALIZY stock opened at $30.40 on Wednesday. The firm’s 50 day moving average price is $30.76 and its two-hundred day moving average price is $30.52. The stock has a market cap of $117.39 billion, a PE ratio of 11.60, a PEG ratio of 1.33 and a beta of 1.11. Allianz has a 52-week low of $26.05 and a 52-week high of $33.19.

Analysts Set New Price Targets

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

Allianz Company Profile

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.