Short Interest in Allianz SE (OTCMKTS:ALIZY) Declines By 44.1%

Allianz SE (OTCMKTS:ALIZY – Get Rating) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totalling 107,000 shares, a drop of 44.1% from the April 30th total of 191,400 shares. Based on an average daily volume of 294,500 shares, the short-interest ratio is currently 0.4 days.

Allianz Stock Performance

OTCMKTS:ALIZY traded up $0.14 during mid-day trading on Friday, hitting $22.21. The stock had a trading volume of 82,141 shares, compared to its average volume of 143,666. The stock has a market capitalization of $89.58 billion, a price-to-earnings ratio of 10.66, a P/E/G ratio of 2.43 and a beta of 1.08. The company has a 50 day simple moving average of $23.37 and a 200-day simple moving average of $22.69. Allianz has a 52 week low of $15.22 and a 52 week high of $25.13. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.38.

Allianz Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 26th. Investors of record on Monday, May 8th will be given a $0.8726 dividend. The ex-dividend date of this dividend is Friday, May 5th. This is an increase from Allianz’s previous dividend of $0.81. This represents a yield of 3.59%. Allianz’s dividend payout ratio (DPR) is currently 42.03%.

Allianz Company Profile

(Get Rating)

Allianz SE, together with its subsidiaries, provides property-casualty insurance, life/health insurance, and asset management products and services worldwide. The company's Property-Casualty segment offers various insurance products, including motor liability and own damage, accident, general liability, fire and property, legal expense, credit, and travel to private and corporate customers.