After Reaching Milestone, Is HANNOVER RUCKVERSICHERUNGS REGISTERED SH (OTCMKTS:HVRRF)’s Short Interest Revealing Something?

May 7, 2018 - By Ellis Scott

HANNOVER RUECK SE (OTCMKTS:HVRRF) Logo

The stock of HANNOVER RUCKVERSICHERUNGS REGISTERED SH (OTCMKTS:HVRRF) registered an increase of 4.07% in short interest. HVRRF’s total short interest was 512,000 shares in May as published by FINRA. Its up 4.07% from 492,000 shares, reported previously. With 100 shares average volume, it will take short sellers 5120 days to cover their HVRRF’s short positions.

It closed at $133.75 lastly. It is down 0.00% since May 7, 2017 and is . It has underperformed by 11.55% the S&P500.

Hannover Rück SE, together with its subsidiaries, provides reinsurance services and products worldwide. The company has market cap of $16.94 billion. It operates through Property & Casualty Reinsurance, and Life & Health Reinsurance divisions. It currently has negative earnings. The Property & Casualty Reinsurance segment offers specialty lines comprising marine, aviation, and facultative, as well as credit, surety, and political risks reinsurance products; and treaty, catastrophe XL, and structured reinsurance, as well as insurance-linked securities.

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