Allianz SE (OTCMKTS:ALIZY) Short Interest Up 174.3% in March

Allianz SE (OTCMKTS:ALIZY) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 181,300 shares, an increase of 174.3% from the February 28th total of 66,100 shares. Based on an average daily volume of 364,400 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Separately, Citigroup restated a “neutral” rating on shares of Allianz in a report on Tuesday, March 4th.

Allianz Trading Down 1.0 %

ALIZY opened at $38.02 on Thursday. Allianz has a 1-year low of $26.50 and a 1-year high of $39.20. The firm has a 50-day moving average price of $34.70 and a two-hundred day moving average price of $32.54. The stock has a market capitalization of $146.82 billion, a PE ratio of 14.51, a PEG ratio of 1.26 and a beta of 1.10.

Allianz (OTCMKTS:ALIZY) last issued its quarterly earnings results on Friday, February 28th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.04. The business had revenue of $29.61 billion during the quarter. Allianz had a net margin of 5.54% and a return on equity of 16.34%. On average, research analysts predict that Allianz will post 2.63 EPS for the current year.

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.