Short Interest in Insurance Australia Group Limited (OTCMKTS:IAUGY) Drops By 88.7%

Posted by Stephan Jacobs on Jul 26th, 2026

Insurance Australia Group Limited (OTCMKTS:IAUGY – Get Free Report) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 110 shares, a drop of 88.7% from the June 30th total of 974 shares. Based on an average daily trading volume, of 216 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

IAUGY has been the topic of a number of recent research reports. Zacks Research raised Insurance Australia Group to a “hold” rating in a research report on Tuesday, May 19th. The Goldman Sachs Group upgraded Insurance Australia Group to a “buy” rating in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Check Out Our Latest Analysis on IAUGY

Insurance Australia Group Price Performance

Shares of Insurance Australia Group stock traded down $0.82 during trading hours on Friday, reaching $28.35. The company had a trading volume of 291 shares, compared to its average volume of 1,073. Insurance Australia Group has a one year low of $21.58 and a one year high of $30.71. The business has a fifty day simple moving average of $28.58 and a 200 day simple moving average of $26.57. The firm has a market cap of $13.26 billion and a PE ratio of 10.43.

Insurance Australia Group Company Profile

(Get Free Report)

Insurance Australia Group (OTCMKTS:IAUGY) is a leading general insurance underwriter headquartered in Sydney, Australia. The company provides a broad range of personal and commercial insurance products, including home, motor, travel, business and liability coverage. IAG serves individual policyholders, small to mid-sized enterprises and large corporate clients through a diversified distribution network of brokers, direct sales, affinity partnerships and digital channels.

Formed in 2000 through the merger of several Australian and New Zealand insurers, IAG has since grown to become the largest general insurer in its home markets.