Talanx AG (OTCMKTS:TNXXF) Short Interest Down 73.5% in June

Talanx AG (OTCMKTS:TNXXF) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 47,004 shares, a decrease of 73.5% from the June 15th total of 177,202 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Talanx Stock Performance

Shares of OTCMKTS:TNXXF remained flat at C$116.87 on Monday. The stock has a fifty day moving average price of C$124.11 and a two-hundred day moving average price of C$128.57. Talanx has a 1 year low of C$114.70 and a 1 year high of C$140.55.

Wall Street Analyst Weigh In

Separately, BNP Paribas Exane raised shares of Talanx to an “outperform” rating in a research note on Wednesday, June 17th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy”.

About Talanx

Talanx AG is a Germany‐based insurance group headquartered in Hanover, operating as one of the country’s largest property and casualty insurers. Through its principal underwriting arm, HDI, the company provides a broad range of commercial and industrial risk solutions, including marine, aviation and engineering insurance. Talanx also offers specialty lines such as credit and surety, environmental liability, and cyber coverage, positioning itself as a versatile partner for multinational corporations and niche markets alike.

In addition to its property and casualty operations, Talanx maintains a significant presence in life and health insurance.