Allianz SE (OTCMKTS:ALIZY) Sees Significant Growth in Short Interest

Allianz SE (OTCMKTS:ALIZY) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 17,500 shares, a growth of 13.6% from the March 31st total of 15,400 shares. Based on an average daily volume of 212,500 shares, the days-to-cover ratio is presently 0.1 days.

Allianz Stock Performance

Shares of Allianz stock opened at $28.51 on Tuesday. The stock has a 50 day moving average price of $28.36 and a 200-day moving average price of $26.51. The stock has a market cap of $111.68 billion, a price-to-earnings ratio of 12.45, a price-to-earnings-growth ratio of 2.89 and a beta of 1.13. Allianz has a one year low of $21.13 and a one year high of $30.10.

Allianz (OTCMKTS:ALIZY) last posted its quarterly earnings results on Friday, February 23rd. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.04. The firm had revenue of $27.54 billion for the quarter. Allianz had a net margin of 5.29% and a return on equity of 15.35%. Sell-side analysts predict that Allianz will post 2.74 earnings per share for the current fiscal year.

Allianz Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 28th. Investors of record on Friday, May 10th will be paid a dividend of $1.0334 per share. This is a boost from Allianz’s previous dividend of $0.87. The ex-dividend date of this dividend is Thursday, May 9th. Allianz’s dividend payout ratio is 44.98%.

Allianz Company Profile

Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company's Property-Casualty segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel to private and corporate customers.