ageas SA/NV (OTCMKTS:AGESY) Sees Significant Decline in Short Interest

ageas SA/NV (OTCMKTS:AGESY) was the recipient of a large drop in short interest in January. As of January 31st, there was short interest totalling 1,700 shares, a drop of 73.4% from the January 15th total of 6,400 shares. Based on an average trading volume of 8,500 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods lowered ageas SA/NV from a “moderate buy” rating to a “hold” rating in a report on Wednesday, November 13th.

ageas SA/NV Trading Up 0.4 %

AGESY traded up $0.22 during trading on Wednesday, hitting $52.71. 1,586 shares of the stock were exchanged, compared to its average volume of 4,439. ageas SA/NV has a 1-year low of $40.86 and a 1-year high of $54.07. The stock has a fifty day moving average price of $49.91 and a two-hundred day moving average price of $50.57.

ageas SA/NV Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, December 5th were given a $1.1088 dividend. The ex-dividend date was Thursday, December 5th.

About ageas SA/NV

ageas SA/NV, together with its subsidiaries, engages in insurance business. It operates in five segments: Belgium, Europe, Asia, Reinsurance, and General Account. The company offers property, casualty, and life insurance products, as well as pension products; and reinsurance products. It provides life insurance products include risks related to the life and death of individuals; and non-life insurance products comprise accident and health, motor, fire, and other property insurance products, as well as insurance services for other damages to property.