Allianz SE (OTCMKTS:ALIZY) Sees Large Growth in Short Interest

Allianz SE (OTCMKTS:ALIZY) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 109,019 shares, a growth of 86.5% from the September 15th total of 58,441 shares. Based on an average trading volume of 665,389 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Allianz Trading Up 1.6%

Shares of OTCMKTS:ALIZY opened at $48.22 on Friday. Allianz has a 1-year low of $39.44 and a 1-year high of $52.82. The stock has a market cap of $183.44 billion, a PE ratio of 13.18, a price-to-earnings-growth ratio of 2.08 and a beta of 0.65. The stock’s fifty day simple moving average is $49.93 and its two-hundred day simple moving average is $47.26.

Allianz (OTCMKTS:ALIZY) last announced its earnings results on Friday, August 7th. The company reported $0.75 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.16). The firm had revenue of $23.01 billion during the quarter, compared to analysts’ expectations of $46.70 billion. Allianz had a net margin of 6.31% and a return on equity of 18.33%. On average, sell-side analysts forecast that Allianz will post 3.52 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Allianz in a research note on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Allianz has an average rating of “Moderate Buy”.

Allianz Company Profile

Allianz SE is a Germany-based global financial services company specializing in insurance and asset management. Founded in Berlin in 1890, the company is headquartered in Munich and serves individuals, businesses and institutional clients through a broad international operating network.

Allianz’s insurance business provides property and casualty coverage, life insurance, health insurance, retirement and pension products, and specialized protection for commercial customers. Its offerings include personal insurance, corporate risk solutions and services designed to support long-term financial planning.

The company also operates a global asset management business through Allianz Global Investors and PIMCO.