Axa Sa (OTCMKTS:AXAHY) Sees Large Growth in Short Interest

Axa Sa (OTCMKTS:AXAHY) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 117,331 shares, a growth of 6,612.3% from the May 31st total of 1,748 shares. Based on an average daily volume of 459,130 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

Separately, Erste Group Bank raised AXA to a “strong-buy” rating in a report on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Strong Buy”.

AXA Stock Up 1.1%

Shares of OTCMKTS AXAHY opened at $49.30 on Friday. AXA has a 52-week low of $43.04 and a 52-week high of $50.95. The company has a current ratio of 0.06, a quick ratio of 0.06 and a debt-to-equity ratio of 0.32. The firm’s fifty day moving average is $47.37 and its two-hundred day moving average is $46.69.

About AXA

AXA is a French multinational insurance and asset management group headquartered in Paris. The company provides a broad range of insurance and financial protection products for individuals, professionals and corporate clients, and its shares are listed in Europe with American depositary receipts trading on U.S. OTC markets under the symbol AXAHY. AXA operates through a network of distributors including agents, brokers and bancassurance partners to deliver life, health, property & casualty and retirement solutions.

Core business activities include life and savings products, personal and commercial property & casualty insurance, health and protection coverages, and asset management services delivered through its investment arm.