Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) Short Interest Down 43.0% in July

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 65,429 shares, a decline of 43.0% from the July 15th total of 114,801 shares. Based on an average daily trading volume, of 198,903 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Zurich Insurance Group Stock Performance

Shares of OTCMKTS ZURVY opened at $36.38 on Wednesday. Zurich Insurance Group has a 12-month low of $33.62 and a 12-month high of $38.70. The company has a debt-to-equity ratio of 0.46, a current ratio of 10.11 and a quick ratio of 10.11. The stock’s 50 day simple moving average is $37.08 and its 200 day simple moving average is $36.06.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada started coverage on Zurich Insurance Group in a report on Tuesday, July 21st. They issued a “moderate buy” rating for the company. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Zurich Insurance Group has an average rating of “Hold”.

Zurich Insurance Group Company Profile

Zurich Insurance Group is a global insurance company headquartered in Zurich, Switzerland, that provides a broad range of insurance and risk management products to individuals, small and medium-sized enterprises, large corporations and multinational clients. Founded in 1872, the company has grown into one of the world’s major insurers, offering both property & casualty and life insurance solutions alongside related services such as claims management and risk engineering.

Zurich’s core activities include general (non-life) insurance and life insurance products.