Short Interest in Hannover Rück SE (OTCMKTS:HVRRY) Rises By 142.9%

Hannover Rück SE (OTCMKTS:HVRRY) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 1,700 shares, a growth of 142.9% from the September 30th total of 700 shares. Based on an average trading volume of 6,800 shares, the short-interest ratio is presently 0.3 days.

Hannover Rück Trading Down 1.3 %

Shares of HVRRY stock opened at $44.05 on Monday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.08 and a current ratio of 0.08. The firm has a fifty day moving average of $46.62 and a 200-day moving average of $43.32. Hannover Rück has a 52-week low of $35.66 and a 52-week high of $48.42. The stock has a market cap of $31.87 billion, a price-to-earnings ratio of 15.60 and a beta of 0.74.

Hannover Rück (OTCMKTS:HVRRY) last issued its quarterly earnings data on Wednesday, August 7th. The financial services provider reported $2.69 earnings per share for the quarter, topping the consensus estimate of $0.65 by $2.04. Hannover Rück had a net margin of 7.43% and a return on equity of 16.85%. The firm had revenue of $6.72 billion for the quarter. On average, equities research analysts forecast that Hannover Rück will post 3.35 earnings per share for the current fiscal 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.