Zurich Insurance Group AG (OTCMKTS:ZFSVF) Short Interest Up 21.3% in December

Zurich Insurance Group AG (OTCMKTS:ZFSVF) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 229,000 shares, a growth of 21.3% from the November 30th total of 188,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 2,290.0 days.

Zurich Insurance Group Trading Down 1.0 %

ZFSVF stock opened at $585.96 on Tuesday. Zurich Insurance Group has a 12 month low of $477.21 and a 12 month high of $641.89. The company has a fifty day moving average price of $603.69 and a 200 day moving average price of $576.70.

Institutional Investors Weigh In On Zurich Insurance Group

An institutional investor recently raised its position in Zurich Insurance Group stock. Bridges Investment Management Inc. raised its stake in shares of Zurich Insurance Group AG (OTCMKTS:ZFSVF) by 6.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,678 shares of the company’s stock after acquiring an additional 300 shares during the period. Bridges Investment Management Inc.’s holdings in Zurich Insurance Group were worth $2,494,000 as of its most recent SEC filing. 30.81% of the stock is currently owned by institutional investors and hedge funds.

About Zurich Insurance Group

Zurich Insurance Group AG, together with its subsidiaries, provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. The company operates through Property & Casualty Regions, Life Regions, Farmers, Group Functions and Operations, and Non-Core Businesses segments.