Short Interest in Zurich Insurance Group AG (OTCMKTS:ZFSVF) Decreases By 26.5%

Zurich Insurance Group AG (OTCMKTS:ZFSVF) was the recipient of a significant drop in short interest in November. As of November 30th, there was short interest totalling 188,800 shares, a drop of 26.5% from the November 15th total of 256,900 shares. Based on an average daily volume of 700 shares, the short-interest ratio is presently 269.7 days.

Zurich Insurance Group Trading Up 3.4 %

OTCMKTS:ZFSVF opened at $628.88 on Friday. The business’s 50-day moving average is $604.22 and its 200 day moving average is $569.79. Zurich Insurance Group has a 12 month low of $477.21 and a 12 month high of $641.89.

Institutional Trading of Zurich Insurance Group

A hedge fund recently raised its stake in Zurich Insurance Group stock. Bridges Investment Management Inc. boosted its stake in shares of Zurich Insurance Group AG (OTCMKTS:ZFSVF) by 6.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,678 shares of the company’s stock after acquiring an additional 300 shares during the quarter. Bridges Investment Management Inc.’s holdings in Zurich Insurance Group were worth $2,494,000 as of its most recent SEC filing. Institutional investors and hedge funds own 30.81% of the company’s stock.

Zurich Insurance Group Company Profile

Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company operates through Property & Casualty Regions, Life Regions, Farmers, Group Functions and Operations, and Non-Core Businesses segments.