Ageas SA (OTCMKTS:AGESY) Shares Shorted: Short Interest Up 62.9% in September

Ageas SA (OTCMKTS:AGESY) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 12,710 shares, an increase of 62.9% from the September 15th total of 7,801 shares. Based on an average daily volume of 8,626 shares, the short-interest ratio is currently 1.5 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Ageas from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 2nd. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Ageas has a consensus rating of “Hold”.

Ageas Stock Performance

Shares of OTCMKTS:AGESY opened at $83.88 on Friday. Ageas has a 52-week low of $65.45 and a 52-week high of $89.30. The stock’s fifty day simple moving average is $85.23 and its 200-day simple moving average is $81.39.

Ageas Company Profile

Ageas is an international insurance group headquartered in Brussels, Belgium. The company provides life and non-life insurance products to individuals, families and businesses, with offerings that include property and casualty coverage, motor insurance, health-related protection, savings and retirement products, and other life insurance solutions.

Ageas serves customers primarily in Europe and Asia through a combination of wholly owned operations, joint ventures and strategic partnerships.