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Short Interest in AIA Group Limited (OTCMKTS:AAGIY) Decreases By 61.0%

Defense World ·  Jan 27, 2023 03:56

AIA Group Limited (OTCMKTS:AAGIY – Get Rating) was the recipient of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 101,000 shares, a drop of 61.0% from the December 31st total of 259,100 shares. Based on an average daily volume of 520,300 shares, the days-to-cover ratio is currently 0.2 days.

AIA Group Trading Up 1.0 %

Shares of AAGIY opened at $46.31 on Friday. The stock has a fifty day moving average of $43.27 and a two-hundred day moving average of $39.09. AIA Group has a fifty-two week low of $29.23 and a fifty-two week high of $47.91.

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Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein raised shares of AIA Group from a "market perform" rating to an "outperform" rating in a report on Tuesday, November 15th.

About AIA Group

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AIA Group Limited, together with its subsidiaries, provides life insurance based financial services. The company offers life insurance, accident, and health insurance and savings plans; and employee benefits, credit life, and pension services to corporate clients. It also distributes investment and other financial services products.

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