Short Interest in Ageas SA (OTCMKTS:AGESY) Grows By 84.9%

Ageas SA (OTCMKTS:AGESY) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 9,616 shares, a growth of 84.9% from the February 26th total of 5,202 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 17,184 shares, the days-to-cover ratio is presently 0.6 days.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on AGESY. Barclays restated an “overweight” rating on shares of Ageas in a research report on Tuesday, December 9th. The Goldman Sachs Group raised Ageas to a “hold” rating in a research note on Tuesday, December 2nd. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Ageas Stock Performance

OTCMKTS:AGESY traded down $0.13 during mid-day trading on Friday, hitting $70.62. 5,844 shares of the company’s stock traded hands, compared to its average volume of 8,680. The firm’s 50 day simple moving average is $71.63 and its 200 day simple moving average is $69.47. Ageas has a 1 year low of $53.88 and a 1 year high of $75.43.

About Ageas

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.