Hannover Ruck SE (OTCMKTS:HVRRY) Short Interest Up 92.6% in December

Hannover Ruck SE (OTCMKTS:HVRRY) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 21,166 shares, a growth of 92.6% from the November 30th total of 10,989 shares. Based on an average daily trading volume, of 20,550 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 20,550 shares, the days-to-cover ratio is currently 1.0 days.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on HVRRY shares. Royal Bank Of Canada lowered shares of Hannover Ruck from a “moderate buy” rating to a “hold” rating in a report on Monday, October 13th. Zacks Research cut shares of Hannover Ruck from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Finally, UBS Group raised shares of Hannover Ruck from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 12th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Hannover Ruck has an average rating of “Moderate Buy”.

Hannover Ruck Stock Down 0.2%

OTCMKTS HVRRY traded down $0.09 on Monday, reaching $52.44. The stock had a trading volume of 2,799 shares, compared to its average volume of 9,458. The company has a market capitalization of $37.94 billion, a price-to-earnings ratio of 13.80 and a beta of 0.33. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.33. Hannover Ruck has a 1 year low of $41.49 and a 1 year high of $55.40. The business has a 50 day moving average price of $49.79 and a 200 day moving average price of $50.29.

Hannover Ruck (OTCMKTS:HVRRY) last released its quarterly earnings data 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). The firm had revenue of $8.21 billion during the quarter, compared to analyst estimates of $8.27 billion. Hannover Ruck had a return on equity of 19.35% and a net margin of 9.44%. On average, analysts forecast that Hannover Ruck will post 3.42 EPS 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.