AIA (OTCMKTS:AAGIY) Sees Significant Growth in Short Interest

by · The Cerbat Gem

AIA (OTCMKTS:AAGIY – Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 118,314 shares, a growth of 62.2% from the September 15th total of 72,943 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 677,432 shares, the days-to-cover ratio is presently 0.2 days.

AIA Trading Up 0.7%

AAGIY opened at $37.47 on Friday. AIA has a 52-week low of $34.50 and a 52-week high of $46.84. The firm’s 50 day moving average is $37.77 and its 200-day moving average is $39.82.

Analyst Ratings Changes

Separately, Zacks Research lowered shares of AIA from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 26th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on AAGIY

AIA Company Profile

(Get Free Report)

AIA Group Limited is a pan-Asian life insurance group headquartered in Hong Kong. Through its subsidiaries and affiliated operations, the company provides insurance and financial protection products to individuals, families and businesses across the Asia-Pacific region.

AIA’s main offerings include life, health and accident insurance, savings and retirement products, investment-linked policies, and employee benefits. The group also provides wealth management and financial planning services through a network of agents, bancassurance relationships, digital platforms and other distribution channels.

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

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