Hannover Ruck SE (OTCMKTS:HVRRY) Short Interest Down 31.5% in January

Hannover Ruck SE (OTCMKTS:HVRRY) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 9,760 shares, a drop of 31.5% from the December 31st total of 14,250 shares. Based on an average daily trading volume, of 25,812 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 25,812 shares, the short-interest ratio is currently 0.4 days.

Hannover Ruck Stock Down 0.2%

Shares of OTCMKTS HVRRY traded down $0.10 during midday trading on Friday, hitting $47.30. 30,166 shares of the stock traded hands, compared to its average volume of 18,321. Hannover Ruck has a one year low of $42.64 and a one year high of $55.40. The business has a 50 day moving average price of $49.43 and a two-hundred day moving average price of $49.67. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.14 and a current ratio of 0.14. The company has a market cap of $34.23 billion, a PE ratio of 12.45 and a beta of 0.35.

Hannover Ruck (OTCMKTS:HVRRY) last announced its quarterly earnings results on Monday, November 10th. The financial services provider reported $1.05 EPS for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.02). Hannover Ruck had a net margin of 9.44% and a return on equity of 19.35%. The business had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $8.27 billion. On average, equities analysts predict that Hannover Ruck will post 3.42 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on HVRRY. Zacks Research lowered Hannover Ruck from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Royal Bank Of Canada cut Hannover Ruck from a “moderate buy” rating to a “hold” rating in a research note on Monday, October 13th. Two research analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Hannover Ruck Company Profile

Hannover Rück (OTCMKTS: HVRRY), commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non‑proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance‑linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.

Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia‑Pacific and other global markets.