Short Interest in AXA SA (OTCMKTS:AXAHY) Decreases By 36.9%

AXA SA (OTCMKTS:AXAHY) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 61,100 shares, a decrease of 36.9% from the March 31st total of 96,900 shares. Based on an average daily trading volume, of 320,400 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. The Goldman Sachs Group raised shares of AXA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 2nd. Morgan Stanley reissued an “overweight” rating on shares of AXA in a research report on Wednesday, March 5th.

AXA Stock Up 0.4 %

Shares of OTCMKTS:AXAHY opened at $46.82 on Tuesday. The stock’s 50-day moving average is $42.37 and its 200-day moving average is $38.64. AXA has a 52-week low of $31.04 and a 52-week high of $46.92.

AXA Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Monday, May 5th will be given a $2.0192 dividend. This represents a dividend yield of 4.31%. The ex-dividend date is Friday, May 2nd.

About AXA

AXA SA, through its subsidiaries, provides insurance, asset management, and banking services worldwide. The company operates through six segments: France; Europe; AXA XL; Asia, Africa & EME-LATAM; AXA Investment Managers; and Transversal & Other segments It offers life and savings insurance products, such as savings and retirement, other health, and personal protection products.