Admiral Group plc (OTCMKTS:AMIGY) Sees Significant Decline in Short Interest

Admiral Group plc (OTCMKTS:AMIGY) was the target of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a drop of 95.8% from the February 29th total of 2,400 shares. Based on an average daily trading volume, of 7,700 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. upgraded Admiral Group from an “underweight” rating to a “neutral” rating in a research note on Thursday, January 25th.

Admiral Group Stock Performance

Shares of AMIGY stock opened at $35.80 on Friday. The stock’s fifty day simple moving average is $33.27 and its 200 day simple moving average is $32.32. Admiral Group has a twelve month low of $24.79 and a twelve month high of $36.35.

Admiral Group Company Profile

Admiral Group plc, a financial services company, provides insurance and personal lending products in the United Kingdom, France, Italy, Spain, and the United States. It operates through four segments: UK Insurance, International Insurance, Admiral Money, and Other. The company offers underwriting services, which includes motor, household, pet, travel, and other insurance, as well as car and home insurance; and unsecured personal loans and car finance products.