Powszechny Zaklad Ubezpieczen SA (OTCMKTS:PZAKY) Stock Short Interest Climbs 54.5%

Powszechny Zaklad Ubezpieczen SA (OTCMKTS:PZAKY) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 680 shares, a growth of 54.5% from the August 31st total of 440 shares. Based on an average daily volume of 234 shares, the short-interest ratio is currently 2.9 days.

Powszechny Zaklad Ubezpieczen Stock Performance

Powszechny Zaklad Ubezpieczen stock opened at C$19.46 on Friday. The stock has a 50-day simple moving average of C$20.47 and a 200 day simple moving average of C$18.97. Powszechny Zaklad Ubezpieczen has a 52 week low of C$15.25 and a 52 week high of C$22.05.

Powszechny Zaklad Ubezpieczen Company Profile

Powszechny Zakład Ubezpieczeń SA (PZU) is a Poland-based financial services group and one of the largest insurance companies in Central and Eastern Europe. Its principal business is providing insurance to individuals, businesses and public-sector customers, including property and casualty, motor, life, health and travel insurance.

Through its broader group, PZU also offers investment and pension products, asset management, medical services and selected banking and financial services. The group serves retail and corporate customers through a combination of agents, brokers, bank distribution channels and digital platforms.

PZU traces its roots to Poland’s early insurance industry, with origins dating to the nineteenth century, and has developed into a diversified financial group headquartered in Warsaw.