ageas SA/NV (OTCMKTS:AGESY) Sees Significant Growth in Short Interest

ageas SA/NV (OTCMKTS:AGESY) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 7,000 shares, a growth of 66.7% from the December 15th total of 4,200 shares. Based on an average daily trading volume, of 16,100 shares, the short-interest ratio is presently 0.4 days.

ageas SA/NV Stock Performance

Shares of ageas SA/NV stock opened at $50.03 on Friday. ageas SA/NV has a 1-year low of $40.42 and a 1-year high of $54.07. The firm has a fifty day simple moving average of $49.78 and a 200-day simple moving average of $50.00.

ageas SA/NV Cuts Dividend

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

Analysts Set New Price Targets

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

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.