Short Interest in Ageas SA (OTCMKTS:AGESY) Drops By 87.1%

Ageas SA (OTCMKTS:AGESY) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 1,195 shares, a decline of 87.1% from the November 30th total of 9,242 shares. Based on an average daily trading volume, of 10,555 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 10,555 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Barclays restated an “overweight” rating on shares of Ageas in a research note on Tuesday, December 9th. The Goldman Sachs Group raised shares of Ageas to a “hold” rating in a research report on Tuesday, December 2nd. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Ageas Stock Performance

Shares of OTCMKTS AGESY traded down $0.11 during trading on Wednesday, reaching $70.65. 1,102 shares of the company traded hands, compared to its average volume of 4,010. The firm’s fifty day simple moving average is $67.66 and its 200 day simple moving average is $68.26. Ageas has a 12-month low of $47.49 and a 12-month high of $73.61.

About Ageas

Ageas is a multinational insurance group headquartered in Brussels, Belgium, offering a broad range of life and non‐life insurance products. Established in 2010 following the restructuring of the Fortis group, Ageas traces its roots back to AG Insurance, founded in 1824. The company operates through two main business segments—protection and savings for individual and corporate clients, and a specialized brokerage and bancassurance network—providing both traditional and innovative risk management solutions.

In the life insurance segment, Ageas offers savings and pension plans, unit‐linked policies, and health insurance coverage, while its non‐life operations include property, casualty, motor, and liability insurance.