Talanx AG (OTCMKTS:TLLXY) Short Interest Update

by · The Markets Daily

Talanx AG (OTCMKTS:TLLXY – Get Free Report) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 9 shares, a decrease of 99.1% from the August 31st total of 1,022 shares. Based on an average trading volume of 9 shares, the days-to-cover ratio is presently 1.0 days.

Analyst Ratings Changes

Several analysts have weighed in on the stock. BNP Paribas Exane downgraded shares of Talanx to a “neutral” rating in a research report on Monday, September 7th. The Goldman Sachs Group assumed coverage on shares of Talanx in a research note on Tuesday, July 28th. They set a “buy” rating for the company. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Check Out Our Latest Research Report on Talanx

Talanx Stock Performance

OTCMKTS:TLLXY remained flat at $72.22 during midday trading on Thursday. Talanx has a one year low of $57.17 and a one year high of $75.00. The business’s 50 day simple moving average is $68.26 and its two-hundred day simple moving average is $63.23.

Talanx Company Profile

(Get Free Report)

Talanx AG is a Germany‐based insurance group headquartered in Hannover that provides a broad range of risk‐management products and services. The company operates through multiple segments, offering property & casualty coverage, life and health insurance solutions, as well as reinsurance capacity. Its flagship brands include HDI in the commercial and private insurance markets, Wüstenrot in savings and building‐financing products, and a significant stake in Hannover Re, one of the world’s leading reinsurance companies.

The Group’s property & casualty segment addresses the needs of corporate and retail clients in areas such as liability, engineering, marine and aviation risks.

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