Allianz SE (OTCMKTS:ALIZY) Short Interest Down 89.6% in March

Allianz SE (OTCMKTS:ALIZY) was the recipient of a significant drop in short interest in March. As of March 31st, there was short interest totalling 18,800 shares, a drop of 89.6% from the March 15th total of 181,300 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 475,200 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

Separately, Citigroup restated a “neutral” rating on shares of Allianz in a research report on Tuesday, March 4th.

Allianz Trading Up 1.6 %

OTCMKTS ALIZY traded up $0.61 during trading hours on Monday, reaching $37.66. The company had a trading volume of 155,646 shares, compared to its average volume of 184,516. The stock has a 50-day moving average of $36.08 and a 200 day moving average of $33.03. Allianz has a 1-year low of $26.50 and a 1-year high of $39.31. The stock has a market capitalization of $145.43 billion, a P/E ratio of 14.37, a price-to-earnings-growth ratio of 1.26 and a beta of 0.93.

Allianz (OTCMKTS:ALIZY) last announced its quarterly earnings data on Friday, February 28th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.04. Allianz had a net margin of 5.54% and a return on equity of 16.34%. The firm had revenue of $29.61 billion during the quarter. As a group, sell-side analysts predict that Allianz will post 2.63 EPS for the current year.

About Allianz

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.