AIA (OTCMKTS:AAGIY) Short Interest Update

AIA (OTCMKTS:AAGIY) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 242,121 shares, an increase of 226.0% from the August 15th total of 74,267 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 910,216 shares, the days-to-cover ratio is presently 0.3 days.

Analysts Set New Price Targets

Separately, Zacks Research downgraded shares of AIA from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 26th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold”.

AIA Price Performance

Shares of OTCMKTS:AAGIY opened at $38.29 on Monday. AIA has a 52-week low of $35.53 and a 52-week high of $46.84. The company has a 50-day simple moving average of $38.45 and a 200 day simple moving average of $40.78. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.33.

AIA Company Profile

AIA Group Limited is a Hong Kong-based insurance and financial services group serving individuals, families and businesses across the Asia-Pacific region. The company primarily provides life insurance, health insurance, savings and retirement products, as well as employee benefits and related financial protection solutions.

AIA distributes its products through agency networks, bancassurance partnerships, brokers and digital channels. Its offerings are designed to address protection, long-term savings, wealth management and health-care needs for customers at different stages of life.

The company traces its origins to 1919, when its predecessor was established in Shanghai.