Talanx AG (OTCMKTS:TLLXY) Short Interest Update

Talanx AG (OTCMKTS:TLLXY) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 57 shares, a growth of 159.1% from the July 15th total of 22 shares. Based on an average daily trading volume, of 42 shares, the days-to-cover ratio is currently 1.4 days.

Talanx Price Performance

TLLXY stock opened at $65.00 on Friday. Talanx has a 12 month low of $57.17 and a 12 month high of $72.52. The firm has a 50 day simple moving average of $62.74 and a 200 day simple moving average of $61.81.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group assumed coverage on shares of Talanx in a research note on Tuesday, July 28th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy”.

Talanx Company Profile

Talanx AG is a Germany‐based insurance group headquartered in Hannover that provides a broad range of risk‐management products and services. The company operates through multiple segments, offering property & casualty coverage, life and health insurance solutions, as well as reinsurance capacity. Its flagship brands include HDI in the commercial and private insurance markets, Wüstenrot in savings and building‐financing products, and a significant stake in Hannover Re, one of the world’s leading reinsurance companies.

The Group’s property & casualty segment addresses the needs of corporate and retail clients in areas such as liability, engineering, marine and aviation risks.