AIA Group Limited (OTCMKTS:AAGIY) Short Interest Update

AIA Group Limited (OTCMKTS:AAGIY – Get Rating) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totalling 136,800 shares, a growth of 65.0% from the April 30th total of 82,900 shares. Based on an average daily volume of 522,100 shares, the days-to-cover ratio is currently 0.3 days.

AIA Group Trading Up 1.5 %

OTCMKTS:AAGIY opened at $39.25 on Friday. The firm’s fifty day simple moving average is $41.87 and its 200 day simple moving average is $42.35. AIA Group has a twelve month low of $29.23 and a twelve month high of $47.91.

AIA Group Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Tuesday, June 20th. Shareholders of record on Tuesday, May 23rd will be given a dividend of $0.5478 per share. The ex-dividend date is Monday, May 22nd.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. downgraded shares of AIA Group from an “overweight” rating to a “neutral” rating in a research note on Thursday, April 20th.

About AIA Group

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AIA Group Limited, together with its subsidiaries, provides life insurance based financial services. The company offers life insurance, accident, and health insurance and savings plans; and employee benefits, credit life, and pension services to corporate clients. It also distributes investment and other financial services products.