Axa Sa (OTCMKTS:AXAHY) Short Interest Up 6,612.3% in June
by Teresa Graham · The Cerbat GemAxa Sa (OTCMKTS:AXAHY – Get Free Report) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 117,331 shares, a growth of 6,612.3% from the May 31st total of 1,748 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 459,130 shares, the short-interest ratio is currently 0.3 days.
AXA Stock Up 0.8%
AXAHY traded up $0.39 during trading on Thursday, reaching $48.78. The stock had a trading volume of 90,939 shares, compared to its average volume of 155,275. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.32. AXA has a one year low of $43.04 and a one year high of $50.95. The business has a 50-day moving average of $47.39 and a 200-day moving average of $46.65.
Wall Street Analysts Forecast Growth
Separately, Erste Group Bank upgraded AXA to a “strong-buy” rating in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Strong Buy”.
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About AXA
AXA is a French multinational insurance and asset management group headquartered in Paris. The company provides a broad range of insurance and financial protection products for individuals, professionals and corporate clients, and its shares are listed in Europe with American depositary receipts trading on U.S. OTC markets under the symbol AXAHY. AXA operates through a network of distributors including agents, brokers and bancassurance partners to deliver life, health, property & casualty and retirement solutions.
Core business activities include life and savings products, personal and commercial property & casualty insurance, health and protection coverages, and asset management services delivered through its investment arm.