Insurance Australia Group Limited (OTCMKTS:IAUGY) Sees Significant Growth in Short Interest

Posted by Tyrone Williams on Jun 27th, 2026

Insurance Australia Group Limited (OTCMKTS:IAUGY – Get Free Report) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 1,053 shares, a growth of 35,000.0% from the May 31st total of 3 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 6,763 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

IAUGY has been the topic of a number of recent analyst reports. The Goldman Sachs Group raised shares of Insurance Australia Group to a “buy” rating in a research report on Wednesday. Zacks Research upgraded shares of Insurance Australia Group to a “hold” rating in a research report on Tuesday, May 19th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

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Insurance Australia Group Price Performance

Shares of IAUGY stock opened at $25.95 on Friday. The business’s fifty day moving average price is $27.30 and its 200 day moving average price is $26.17. The firm has a market capitalization of $12.13 billion and a PE ratio of 10.43. Insurance Australia Group has a 1-year low of $21.58 and a 1-year high of $30.71.

About Insurance Australia Group

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Insurance Australia Group (OTCMKTS:IAUGY) is a leading general insurance underwriter headquartered in Sydney, Australia. The company provides a broad range of personal and commercial insurance products, including home, motor, travel, business and liability coverage. IAG serves individual policyholders, small to mid-sized enterprises and large corporate clients through a diversified distribution network of brokers, direct sales, affinity partnerships and digital channels.

Formed in 2000 through the merger of several Australian and New Zealand insurers, IAG has since grown to become the largest general insurer in its home markets.