Beazley plc (OTCMKTS:BZLYF) Sees Large Drop in Short Interest
by Kim Johansen · The Markets DailyBeazley plc (OTCMKTS:BZLYF – Get Free Report) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 7,478 shares, a decline of 36.9% from the May 14th total of 11,842 shares. Based on an average daily volume of 274 shares, the short-interest ratio is presently 27.3 days.
Beazley Stock Performance
Shares of BZLYF opened at $16.90 on Wednesday. Beazley has a one year low of $9.97 and a one year high of $17.96. The company has a 50-day moving average of $17.08 and a two-hundred day moving average of $15.23.
About Beazley
Beazley PLC is a specialist insurer and reinsurer headquartered in London, operating as a Lloyd’s syndicate manager (Syndicate 2623) and a publicly listed company on the London Stock Exchange. Established in 1986, Beazley has built a reputation for underwriting expertise across a range of specialty lines, offering tailored risk solutions to clients worldwide. The company’s shares trade in the United States on the OTC market under the ticker BZLYF.
The firm’s core business activities span five principal divisions: Property, Marine, Political Risk & Crisis Management, Reinsurance, and Specialty Lines.