Could ASSICURAZIONI GENERALI SPA ORD ORDINARY (OTCMKTS:ARZGF) Skyrocket? The Stock Has Too Many Sellers

May 17, 2018 - By Hannah Black

Assicurazioni Generali S.p.A. (OTCMKTS:ARZGF) Logo

The stock of ASSICURAZIONI GENERALI SPA ORD ORDINARY (OTCMKTS:ARZGF) registered an increase of 14.76% in short interest. ARZGF’s total short interest was 17.26M shares in May as published by FINRA. Its up 14.76% from 15.04M shares, reported previously. With 4,500 shares average volume, it will take short sellers 3836 days to cover their ARZGF’s short positions. The short interest to ASSICURAZIONI GENERALI SPA ORD ORDINARY’s float is 1.88%.

It closed at $19.95 lastly. It is down 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Assicurazioni Generali S.p.A. provides various insurance solutions in Italy, Germany, France, Europe, the Middle East and Africa, Asia and Latin America. The company has market cap of $30.91 billion. It operates in three divisions: Non Life; Life; and Holding and Other Business. It has a 12.17 P/E ratio. The firm offers insurance products for individuals and family, as well as for businesses; and unit linked products with investment purposes; motor, liability, casualty, accident, health, and commercial and industrial risks insurance products, as well as asset management and banking services.

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