Short Interest in Ageas SA (OTCMKTS:AGESY) Increases By 193.5%

Ageas SA (OTCMKTS:AGESY) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 9,166 shares, a growth of 193.5% from the December 31st total of 3,123 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 8,206 shares, the short-interest ratio is currently 1.1 days. Based on an average daily trading volume, of 8,206 shares, the short-interest ratio is currently 1.1 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Barclays restated an “overweight” rating on shares of Ageas in a research report on Tuesday, December 9th. The Goldman Sachs Group raised shares of Ageas to a “hold” rating in a report on Tuesday, December 2nd. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Ageas Price Performance

Shares of AGESY opened at $71.26 on Friday. Ageas has a 1 year low of $50.61 and a 1 year high of $73.61. The company’s 50-day simple moving average is $69.24 and its 200-day simple moving average is $68.93.

Ageas Company Profile

Ageas is a multinational insurance group headquartered in Brussels, Belgium, offering a broad range of life and non‐life insurance products. Established in 2010 following the restructuring of the Fortis group, Ageas traces its roots back to AG Insurance, founded in 1824. The company operates through two main business segments—protection and savings for individual and corporate clients, and a specialized brokerage and bancassurance network—providing both traditional and innovative risk management solutions.

In the life insurance segment, Ageas offers savings and pension plans, unit‐linked policies, and health insurance coverage, while its non‐life operations include property, casualty, motor, and liability insurance.