ageas SA/NV (OTCMKTS:AGESY) Short Interest Up 61.5% in December

ageas SA/NV (OTCMKTS:AGESY) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totalling 4,200 shares, a growth of 61.5% from the November 30th total of 2,600 shares. Based on an average daily volume of 9,900 shares, the days-to-cover ratio is presently 0.4 days.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods lowered shares of ageas SA/NV from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, November 13th.

ageas SA/NV Trading Up -0.6 %

Shares of OTCMKTS:AGESY opened at $48.55 on Friday. ageas SA/NV has a 1 year low of $40.42 and a 1 year high of $54.07. The business has a fifty day simple moving average of $50.80 and a 200 day simple moving average of $49.76.

ageas SA/NV Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, December 5th were paid a dividend of $1.1088 per share. The ex-dividend date was Thursday, December 5th.

ageas SA/NV Company Profile

ageas SA/NV, together with its subsidiaries, engages in insurance business. It operates in five segments: Belgium, Europe, Asia, Reinsurance, and General Account. The company offers property, casualty, and life insurance products, as well as pension products; and reinsurance products. It provides life insurance products include risks related to the life and death of individuals; and non-life insurance products comprise accident and health, motor, fire, and other property insurance products, as well as insurance services for other damages to property.