Allianz SE (OTCMKTS:ALIZY) Short Interest Update

Allianz SE (OTCMKTS:ALIZY) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 44,400 shares, an increase of 100.9% from the November 30th total of 22,100 shares. Based on an average trading volume of 290,400 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised shares of Allianz to a “strong-buy” rating in a research note on Wednesday, September 18th.

Allianz Price Performance

Shares of OTCMKTS ALIZY traded down $0.11 during midday trading on Friday, reaching $30.71. 121,535 shares of the stock were exchanged, compared to its average volume of 125,654. Allianz has a 12 month low of $26.05 and a 12 month high of $33.19. The business has a 50-day simple moving average of $31.04 and a two-hundred day simple moving average of $30.25. The company has a market capitalization of $120.30 billion, a price-to-earnings ratio of 11.72, a P/E/G ratio of 1.33 and a beta of 1.11.

About Allianz

Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company’s Property-Casualty segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel to private and corporate customers.