AIA (OTCMKTS:AAGIY) Sees Significant Decline in Short Interest

AIA (OTCMKTS:AAGIY) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 60,566 shares, a drop of 68.5% from the April 15th total of 192,399 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 464,984 shares, the short-interest ratio is currently 0.1 days.

AIA Price Performance

OTCMKTS:AAGIY opened at $45.14 on Friday. The company has a quick ratio of 0.08, a current ratio of 0.08 and a debt-to-equity ratio of 0.33. The company has a 50 day moving average price of $43.61 and a 200-day moving average price of $42.74. AIA has a 1-year low of $32.52 and a 1-year high of $46.84.

Analysts Set New Price Targets

Separately, Zacks Research cut shares of AIA from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 16th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold”.

About AIA

AIA Group Limited is a Hong Kong–headquartered life insurance company with roots dating back to 1919. Originally established in Shanghai, the company has grown into a pan‑Asian insurer offering a broad range of protection and long‑term savings products. AIA serves both individual and corporate clients and is widely recognized for its extensive presence across the Asia‑Pacific region.

The company’s core business includes life insurance, accident and health insurance, savings and wealth accumulation products, and retirement solutions.