Hannover Rück SE (OTCMKTS:HVRRY) Short Interest Update

Hannover Rück SE (OTCMKTS:HVRRY) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 2,800 shares, a drop of 52.5% from the December 31st total of 5,900 shares. Based on an average daily volume of 12,800 shares, the days-to-cover ratio is currently 0.2 days.

Hannover Rück Trading Down 1.0 %

Shares of OTCMKTS:HVRRY traded down $0.44 during trading on Wednesday, hitting $45.16. 1,891 shares of the company’s stock were exchanged, compared to its average volume of 5,755. The firm has a 50-day moving average price of $43.57 and a two-hundred day moving average price of $44.23. Hannover Rück has a 1-year low of $38.40 and a 1-year high of $48.42. The firm has a market cap of $32.67 billion, a P/E ratio of 13.36 and a beta of 0.73. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.39.

Hannover Rück (OTCMKTS:HVRRY) last issued its earnings results on Monday, November 11th. The financial services provider reported $1.01 EPS for the quarter, beating the consensus estimate of $0.77 by $0.24. Hannover Rück had a net margin of 8.78% and a return on equity of 19.44%. The company had revenue of $7.46 billion during the quarter. Equities analysts predict that Hannover Rück will post 3.45 earnings per share for the current 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.