Hannover Ruck SE (OTCMKTS:HVRRY) Short Interest Update

Hannover Ruck SE (OTCMKTS:HVRRY) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 8,241 shares, a decrease of 44.2% from the July 15th total of 14,774 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 25,050 shares, the days-to-cover ratio is currently 0.3 days.

Hannover Ruck Stock Performance

Shares of Hannover Ruck stock traded up $0.14 during midday trading on Tuesday, hitting $49.39. The company had a trading volume of 7,680 shares, compared to its average volume of 23,194. The stock has a market cap of $35.74 billion, a price-to-earnings ratio of 12.23 and a beta of 0.20. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.28. The company has a fifty day simple moving average of $46.90 and a 200 day simple moving average of $48.50. Hannover Ruck has a 12-month low of $43.00 and a 12-month high of $55.72.

Hannover Ruck (OTCMKTS:HVRRY) last released its earnings results on Wednesday, August 12th. The financial services provider reported $1.12 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.06. Hannover Ruck had a net margin of 9.33% and a return on equity of 18.15%. The company had revenue of $7.43 billion for the quarter, compared to the consensus estimate of $7.23 billion. As a group, analysts predict that Hannover Ruck will post 4.33 earnings per share for the current fiscal year.

Analyst Ratings Changes

HVRRY has been the subject of several recent analyst reports. Zacks Research lowered shares of Hannover Ruck from a “hold” rating to a “strong sell” rating in a research note on Monday, June 22nd. Berenberg Bank upgraded shares of Hannover Ruck to a “strong-buy” rating in a research note on Tuesday, May 5th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

About Hannover Ruck

Hannover Rück (OTCMKTS: HVRRY), commonly known as Hannover Re, is a global reinsurance group headquartered in Hannover, Germany. The company underwrites treaty and facultative reinsurance across a broad spectrum of risks, including property & casualty and life & health lines. Its product suite encompasses traditional proportional and non‑proportional treaty contracts, facultative placements, structured reinsurance, retrocession, and capital market–linked solutions such as insurance‑linked securities, tailored to transfer and manage insurance risk for primary insurers and other reinsurers.

Founded in the 1960s, Hannover Re has developed into one of the major international reinsurers, building a presence across Europe, the Americas, Asia‑Pacific and other global markets.