Ageas SA (OTCMKTS:AGESY) Short Interest Up 71.0% in July

Ageas SA (OTCMKTS:AGESY) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 7,124 shares, a growth of 71.0% from the July 15th total of 4,166 shares. Based on an average daily trading volume, of 6,368 shares, the short-interest ratio is presently 1.1 days. Currently, 0.0% of the company’s stock are sold short.

Ageas Stock Performance

OTCMKTS AGESY opened at $84.81 on Tuesday. The company has a fifty day simple moving average of $81.00 and a 200 day simple moving average of $77.33. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.13 and a quick ratio of 1.13. Ageas has a 12-month low of $65.45 and a 12-month high of $86.29.

Analyst Ratings Changes

Separately, Zacks Research downgraded Ageas from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 4th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

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.