Aviva plc (OTCMKTS:AVVIY) Short Interest Up 230.6% in January

Aviva plc (OTCMKTS:AVVIY) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totalling 48,600 shares, a growth of 230.6% from the December 31st total of 14,700 shares. Based on an average daily volume of 70,900 shares, the days-to-cover ratio is currently 0.7 days.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on AVVIY shares. Keefe, Bruyette & Woods upgraded Aviva from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, November 27th. BNP Paribas upgraded Aviva from a “strong sell” rating to a “hold” rating in a report on Thursday, December 5th. Hsbc Global Res raised Aviva from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 15th. Finally, Royal Bank of Canada raised Aviva to a “moderate buy” rating in a research note on Thursday, October 3rd. One equities research analyst has rated the stock with a hold rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Aviva has a consensus rating of “Buy”.

Aviva Trading Up 0.3 %

Shares of OTCMKTS AVVIY traded up $0.04 during mid-day trading on Thursday, reaching $12.83. 11,176 shares of the company were exchanged, compared to its average volume of 31,200. Aviva has a 1 year low of $10.50 and a 1 year high of $13.58. The firm has a 50-day moving average of $12.17 and a 200 day moving average of $12.56.

About Aviva

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.