Talanx AG (OTCMKTS:TNXXF) Short Interest Update

Talanx AG (OTCMKTS:TNXXF) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 153,049 shares, an increase of 225.6% from the June 30th total of 47,004 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Analyst Ratings Changes

Separately, BNP Paribas Exane raised shares of Talanx to an “outperform” rating in a report on Wednesday, June 17th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy”.

Talanx Stock Performance

Shares of TNXXF stock opened at C$116.87 on Monday. The firm has a fifty day moving average price of C$121.28 and a 200 day moving average price of C$127.58. Talanx has a 12 month low of C$114.70 and a 12 month high of C$140.55.

Talanx Company Profile

Talanx AG is a Germany‐based insurance group headquartered in Hanover, operating as one of the country’s largest property and casualty insurers. Through its principal underwriting arm, HDI, the company provides a broad range of commercial and industrial risk solutions, including marine, aviation and engineering insurance. Talanx also offers specialty lines such as credit and surety, environmental liability, and cyber coverage, positioning itself as a versatile partner for multinational corporations and niche markets alike.

In addition to its property and casualty operations, Talanx maintains a significant presence in life and health insurance.