Short Interest in Powszechny Zaklad Ubezpieczen SA (OTCMKTS:PZAKY) Grows By 1,978.5%

Powszechny Zaklad Ubezpieczen SA (OTCMKTS:PZAKY) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 6,194 shares, an increase of 1,978.5% from the May 31st total of 298 shares. Based on an average daily volume of 2,652 shares, the days-to-cover ratio is presently 2.3 days.

Powszechny Zaklad Ubezpieczen Price Performance

Shares of PZAKY stock opened at C$18.79 on Friday. Powszechny Zaklad Ubezpieczen has a one year low of C$15.25 and a one year high of C$21.89. The company’s 50-day moving average is C$18.56 and its 200 day moving average is C$18.66.

About Powszechny Zaklad Ubezpieczen

Powszechny Zakład Ubezpieczeń (OTCMKTS:PZAKY) is one of the largest and longest‐standing insurance providers in Central and Eastern Europe. Headquartered in Warsaw, Poland, the company traces its origins back to the early 19th century and has grown into a comprehensive financial services group. As a publicly traded entity with significant backing from the Polish State Treasury, PZU plays a pivotal role in the domestic insurance market while also maintaining a presence in neighboring countries.

The company’s core operations span both life and non‐life insurance.