Hannover Rück SE (OTCMKTS:HVRRY) Short Interest Down 97.7% in February

Hannover Rück SE (OTCMKTS:HVRRY) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 100 shares, a drop of 97.7% from the January 31st total of 4,300 shares. Based on an average trading volume of 9,100 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, Barclays raised Hannover Rück to a “strong sell” rating in a report on Tuesday, January 28th.

Hannover Rück Price Performance

HVRRY stock traded down $0.10 during midday trading on Thursday, reaching $44.07. 2,507 shares of the company’s stock traded hands, compared to its average volume of 5,124. The company has a 50-day simple moving average of $43.59 and a two-hundred day simple moving average of $44.63. Hannover Rück has a 1-year low of $38.40 and a 1-year high of $48.42. The company has a market cap of $31.88 billion, a price-to-earnings ratio of 13.04 and a beta of 0.73. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.39.

Hannover Rück Company Profile

Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments.