Hannover Ruck SE (OTCMKTS:HVRRY) Short Interest Update

Hannover Ruck SE (OTCMKTS:HVRRY) saw a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 6,394 shares, a decline of 60.5% from the April 30th total of 16,194 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 50,586 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised Hannover Ruck to a “strong-buy” rating in a research report on Tuesday, May 5th. Two analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy”.

Hannover Ruck Stock Down 1.5%

Shares of OTCMKTS HVRRY opened at $44.96 on Friday. The firm has a market cap of $32.53 billion, a price-to-earnings ratio of 10.63 and a beta of 0.23. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.30. Hannover Ruck has a 52-week low of $44.47 and a 52-week high of $55.72. The business’s 50 day moving average is $50.28 and its two-hundred day moving average is $49.71.

Hannover Ruck (OTCMKTS:HVRRY) last announced its earnings results on Monday, May 11th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.18 by ($0.40). The firm had revenue of $8.16 billion during the quarter, compared to analysts’ expectations of $8.54 billion. Hannover Ruck had a net margin of 9.84% and a return on equity of 20.27%. Research analysts predict that Hannover Ruck will post 4.67 EPS for the current year.

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.