Aviva plc (OTCMKTS:AVVIY) Short Interest Down 75.8% in January

Aviva plc (OTCMKTS:AVVIY) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 14,700 shares, a drop of 75.8% from the December 31st total of 60,800 shares. Based on an average daily volume of 77,800 shares, the days-to-cover ratio is currently 0.2 days.

Aviva Stock Down 0.4 %

AVVIY stock opened at $12.79 on Wednesday. Aviva has a one year low of $10.50 and a one year high of $13.58. The firm has a 50-day moving average of $12.16 and a two-hundred day moving average of $12.55.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Royal Bank of Canada upgraded Aviva to a “moderate buy” rating in a report on Thursday, October 3rd. BNP Paribas raised shares of Aviva from a “strong sell” rating to a “hold” rating in a research note on Thursday, December 5th. Hsbc Global Res raised shares of Aviva from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 15th. Finally, Keefe, Bruyette & Woods raised Aviva from a “hold” rating to a “moderate buy” rating in a report on Wednesday, November 27th. One equities research analyst has rated the stock with a hold rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

About Aviva

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.