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

ageas SA/NV (OTCMKTS:AGESY) was the target of a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 3,200 shares, a growth of 14.3% from the July 31st total of 2,800 shares. Based on an average trading volume of 9,100 shares, the short-interest ratio is presently 0.4 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group started coverage on shares of ageas SA/NV in a research note on Wednesday, May 29th. They set a “neutral” rating on the stock.

ageas SA/NV Trading Up 0.8 %

Shares of OTCMKTS:AGESY opened at $51.39 on Monday. The firm’s 50 day moving average price is $47.31 and its 200-day moving average price is $46.60. ageas SA/NV has a twelve month low of $37.91 and a twelve month high of $52.50.

ageas SA/NV Company Profile

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.