Allianz SE (OTCMKTS:ALIZY) Sees Large Growth in Short Interest

Allianz SE (OTCMKTS:ALIZY) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totalling 44,400 shares, a growth of 100.9% from the November 30th total of 22,100 shares. Based on an average daily volume of 290,400 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

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

Allianz Stock Down 0.4 %

OTCMKTS ALIZY opened at $30.71 on Friday. The company has a 50 day moving average price of $31.04 and a two-hundred day moving average price of $30.23. Allianz has a 12-month low of $26.05 and a 12-month high of $33.19. The stock has a market capitalization of $120.30 billion, a PE ratio of 11.72, a price-to-earnings-growth ratio of 1.33 and a beta of 1.11.

Allianz Company Profile

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.