Hannover Ruck SE (OTCMKTS:HVRRY) Sees Significant Decline in Short Interest

Hannover Ruck SE (OTCMKTS:HVRRY) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 14,250 shares, a decline of 32.7% from the December 15th total of 21,166 shares. Based on an average trading volume of 11,814 shares, the short-interest ratio is presently 1.2 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 11,814 shares, the short-interest ratio is presently 1.2 days.

Hannover Ruck Stock Performance

HVRRY opened at $47.07 on Friday. The stock has a market cap of $34.06 billion, a P/E ratio of 12.39 and a beta of 0.35. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.14 and a quick ratio of 0.14. The firm has a fifty day moving average price of $50.00 and a 200 day moving average price of $50.09. Hannover Ruck has a 1 year low of $42.64 and a 1 year high of $55.40.

Hannover Ruck (OTCMKTS:HVRRY) last issued its quarterly earnings data on Monday, November 10th. The financial services provider reported $1.05 earnings per share for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.02). Hannover Ruck had a return on equity of 19.35% and a net margin of 9.44%.The firm had revenue of $8.21 billion during the quarter, compared to analyst estimates of $8.27 billion. Equities research analysts anticipate that Hannover Ruck will post 3.42 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently issued reports on HVRRY shares. Royal Bank Of Canada cut shares of Hannover Ruck from a “moderate buy” rating to a “hold” rating in a report on Monday, October 13th. Zacks Research downgraded Hannover Ruck from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Two analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Hannover Ruck has an average rating of “Moderate Buy”.

Hannover Ruck Company Profile

Hannover Rück (OTCMKTS: HVRRY), commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non‑proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance‑linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.

Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia‑Pacific and other global markets.