Hannover Ruck SE (OTCMKTS:HVRRY) Short Interest Up 27.2% in April

Hannover Ruck SE (OTCMKTS:HVRRY) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totaling 30,293 shares, an increase of 27.2% from the March 31st total of 23,820 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 21,461 shares, the short-interest ratio is currently 1.4 days.

Hannover Ruck Price Performance

HVRRY stock traded up $0.60 during trading on Thursday, reaching $50.26. 23,159 shares of the company were exchanged, compared to its average volume of 19,103. The company has a market cap of $36.37 billion, a P/E ratio of 12.11 and a beta of 0.28. Hannover Ruck has a 52-week low of $45.69 and a 52-week high of $55.72. The stock’s 50 day moving average price is $51.20 and its 200 day moving average price is $49.96. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.06 and a current ratio of 0.06.

Hannover Ruck (OTCMKTS:HVRRY) last posted its earnings results on Thursday, March 12th. The financial services provider reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. The company had revenue of $10.39 billion for the quarter, compared to the consensus estimate of $7.99 billion. Hannover Ruck had a return on equity of 20.38% and a net margin of 9.92%. As a group, analysts predict that Hannover Ruck will post 4.67 earnings per share for the current fiscal year.

About Hannover Ruck

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.