Short Interest in ageas SA/NV (OTCMKTS:AGESY) Expands By 88.2%

ageas SA/NV (OTCMKTS:AGESY) saw a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 3,200 shares, a growth of 88.2% from the January 31st total of 1,700 shares. Based on an average daily volume of 6,700 shares, the days-to-cover ratio is presently 0.5 days.

ageas SA/NV Trading Down 2.5 %

Shares of OTCMKTS AGESY traded down $1.37 during midday trading on Friday, hitting $54.11. The company’s stock had a trading volume of 4,353 shares, compared to its average volume of 4,442. The firm’s fifty day moving average price is $51.03 and its 200-day moving average price is $51.25. ageas SA/NV has a 1-year low of $40.86 and a 1-year high of $55.69.

Wall Street Analyst Weigh In

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.

About ageas SA/NV

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.