Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) Short Interest Down 43.0% in July

Zurich Insurance Group Ltd. (OTCMKTS:ZURVY) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 65,429 shares, a decrease of 43.0% from the July 15th total of 114,801 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 198,903 shares, the days-to-cover ratio is currently 0.3 days.

Zurich Insurance Group Price Performance

OTCMKTS ZURVY opened at $36.36 on Monday. The business has a fifty day simple moving average of $37.01 and a 200 day simple moving average of $36.05. The company has a debt-to-equity ratio of 0.46, a current ratio of 10.11 and a quick ratio of 10.11. Zurich Insurance Group has a 12 month low of $33.62 and a 12 month high of $38.70.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada initiated coverage on shares of Zurich Insurance Group in a research note on Tuesday, July 21st. They issued a “moderate buy” rating on the stock. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold”.

Zurich Insurance Group Company Profile

Zurich Insurance Group is a global insurance company headquartered in Zurich, Switzerland, that provides a broad range of insurance and risk management products to individuals, small and medium-sized enterprises, large corporations and multinational clients. Founded in 1872, the company has grown into one of the world’s major insurers, offering both property & casualty and life insurance solutions alongside related services such as claims management and risk engineering.

Zurich’s core activities include general (non-life) insurance and life insurance products.