Short Interest in Hannover Rück SE (OTCMKTS:HVRRY) Rises By 1,150.0%

Hannover Rück SE (OTCMKTS:HVRRY) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 2,500 shares, a growth of 1,150.0% from the August 15th total of 200 shares. Based on an average daily volume of 9,600 shares, the short-interest ratio is presently 0.3 days.

Hannover Rück Price Performance

HVRRY traded down $0.41 during trading hours on Thursday, hitting $46.49. 9,469 shares of the company’s stock were exchanged, compared to its average volume of 5,423. Hannover Rück has a 12-month low of $35.66 and a 12-month high of $48.14. The firm has a 50 day moving average of $43.68 and a 200 day moving average of $42.80.

Hannover Rück (OTCMKTS:HVRRY) last released its earnings results on Wednesday, August 7th. The financial services provider reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $2.04. The company had revenue of $6.72 billion during the quarter. On average, research analysts forecast that Hannover Rück will post 3.35 earnings per share for the current fiscal year.

About Hannover Rück

Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments.