AXA SA (OTCMKTS:AXAHY) Sees Significant Increase in Short Interest

AXA SA (OTCMKTS:AXAHY) was the recipient of a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 24,800 shares, an increase of 37.8% from the May 15th total of 18,000 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 282,600 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

Several equities research analysts recently issued reports on AXAHY shares. Morgan Stanley restated an “overweight” rating on shares of AXA in a research report on Wednesday, March 5th. Barclays reissued an “overweight” rating on shares of AXA in a research note on Wednesday, June 11th. Finally, The Goldman Sachs Group raised shares of AXA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, April 2nd.

AXA Price Performance

AXA stock opened at $48.45 on Tuesday. The company’s 50 day simple moving average is $46.38 and its 200-day simple moving average is $41.18. AXA has a 1 year low of $32.09 and a 1 year high of $48.92.

AXA Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, May 22nd. Stockholders of record on Monday, May 5th were paid a $2.0192 dividend. This represents a dividend yield of 4.31%. The ex-dividend date of this dividend was Friday, May 2nd.

AXA Company Profile

AXA SA, through its subsidiaries, provides insurance, asset management, and banking services worldwide. The company operates through six segments: France; Europe; AXA XL; Asia, Africa & EME-LATAM; AXA Investment Managers; and Transversal & Other segments It offers life and savings insurance products, such as savings and retirement, other health, and personal protection products.