Allianz SE (OTCMKTS:ALIZY) Sees Large Increase in Short Interest

Allianz SE (OTCMKTS:ALIZY) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 82,200 shares, a growth of 70.5% from the October 31st total of 48,200 shares. Based on an average daily volume of 232,400 shares, the short-interest ratio is currently 0.4 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised shares of Allianz to a “strong-buy” rating in a research report on Wednesday, September 18th.

Allianz Stock Up 1.7 %

OTCMKTS:ALIZY opened at $30.89 on Friday. The company has a market cap of $121.00 billion, a PE ratio of 11.79, a P/E/G ratio of 1.25 and a beta of 1.12. The business’s 50 day moving average is $31.58 and its two-hundred day moving average is $29.89. Allianz has a 52 week low of $25.01 and a 52 week high of $33.19.

About Allianz

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.