Short Interest in Ageas SA (OTCMKTS:AGESY) Expands By 219.7%

Ageas SA (OTCMKTS:AGESY) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 17,332 shares, an increase of 219.7% from the April 30th total of 5,421 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 8,898 shares, the short-interest ratio is currently 1.9 days.

Ageas Trading Down 1.0%

OTCMKTS:AGESY opened at $79.39 on Friday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.28. The company has a 50 day moving average price of $77.40 and a 200 day moving average price of $72.70. Ageas has a fifty-two week low of $64.14 and a fifty-two week high of $81.33.

Analysts Set New Price Targets

Separately, Zacks Research downgraded shares of Ageas from a “hold” rating to a “strong sell” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

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.