Short Interest in Hannover Ruck SE (OTCMKTS:HVRRY) Rises By 1,435.5%

Hannover Ruck SE (OTCMKTS:HVRRY) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 18,180 shares, an increase of 1,435.5% from the June 15th total of 1,184 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 75,975 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analyst Weigh In

Several research firms recently commented on HVRRY. Zacks Research cut Hannover Ruck from a “hold” rating to a “strong sell” rating in a research report on Monday, June 22nd. Berenberg Bank upgraded shares of Hannover Ruck to a “strong-buy” rating in a research note on Tuesday, May 5th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Hannover Ruck presently has an average rating of “Moderate Buy”.

Hannover Ruck Price Performance

HVRRY stock traded down $0.11 on Friday, hitting $47.52. 13,840 shares of the company’s stock traded hands, compared to its average volume of 33,222. The stock has a market cap of $34.38 billion, a price-to-earnings ratio of 11.23 and a beta of 0.20. Hannover Ruck has a 1-year low of $43.00 and a 1-year high of $55.72. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.28. The stock has a fifty day moving average of $45.99 and a 200-day moving average of $48.70.

Hannover Ruck (OTCMKTS:HVRRY) last posted its quarterly earnings results on Monday, May 11th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.18 by ($0.40). The company had revenue of $8.16 billion during the quarter, compared to the consensus estimate of $8.54 billion. Hannover Ruck had a net margin of 9.84% and a return on equity of 19.51%. On average, analysts forecast that Hannover Ruck will post 4.46 EPS for the current fiscal year.

About Hannover Ruck

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.