ageas SA/NV (OTCMKTS:AGESY) Short Interest Up 11.1% in November

ageas SA/NV (OTCMKTS:AGESY) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 5,000 shares, an increase of 11.1% from the October 31st total of 4,500 shares. Based on an average daily trading volume, of 16,200 shares, the days-to-cover ratio is currently 0.3 days.

ageas SA/NV Price Performance

Shares of OTCMKTS:AGESY opened at $50.57 on Monday. The company’s 50-day moving average price is $52.33 and its two-hundred day moving average price is $49.85. ageas SA/NV has a one year low of $40.42 and a one year high of $54.07.

ageas SA/NV Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, December 13th. Stockholders of record on Thursday, December 5th will be issued a $1.1088 dividend. The ex-dividend date of this dividend is Thursday, December 5th.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods cut 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.