Short Interest in Aviva plc (OTCMKTS:AVVIY) Drops By 75.8%

Aviva plc (OTCMKTS:AVVIY) saw a significant decline in short interest in January. As of January 15th, there was short interest totalling 14,700 shares, a decline of 75.8% from the December 31st total of 60,800 shares. Based on an average daily volume of 77,800 shares, the days-to-cover ratio is currently 0.2 days.

Aviva Stock Down 0.4 %

OTCMKTS AVVIY traded down $0.05 on Tuesday, reaching $12.79. 30,803 shares of the company’s stock traded hands, compared to its average volume of 32,206. Aviva has a 12 month low of $10.50 and a 12 month high of $13.58. The stock has a 50-day simple moving average of $12.16 and a 200 day simple moving average of $12.55.

Analysts Set New Price Targets

A number of brokerages recently weighed in on AVVIY. BNP Paribas raised shares of Aviva from a “strong sell” rating to a “hold” rating in a research note on Thursday, December 5th. Hsbc Global Res upgraded shares of Aviva from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 15th. Royal Bank of Canada upgraded shares of Aviva to a “moderate buy” rating in a research report on Thursday, October 3rd. Finally, Keefe, Bruyette & Woods raised Aviva from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, November 27th. One research analyst has rated the stock with a hold rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Aviva currently has a consensus rating of “Buy”.

Aviva Company Profile

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.