GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ageas SA/ NV (FRA:FO4N) » Definitions » Short Ratio

Ageas/ NV (FRA:FO4N) Short Ratio


View and export this data going back to . Start your Free Trial

What is Ageas/ NV Short Ratio?

Short Ratio is a metric signaling prevailing investors' sentiment with a company. It represents the number of days it takes short sellers on average to repurchase all the shares short.

Due to the license agreement change with our data vendor, Short Interest related data is no longer available on GuruFocus website.


Ageas/ NV (FRA:FO4N) Business Description

Address
Rue du Marquis 1/Markiesstraat 1, Box 7, Brussels, BEL, 1000
Ageas was spun out of Fortis during the financial crisis after a consortium including Banco Santander and Royal Bank of Scotland launched a failed bid for ABN Amro. The takeover was badly timed and ambitious, and to fund it Fortis started selling noncore divisions while writing down collateralised debt. As Fortis' capital began to decline, the company initiated a rights issue and the long-held promised dividend was suspended. As Fortis' share price began to decline and financial market conditions continued to worsen, with a series of leadership changes customers began to withdraw deposits. Fortis was approached by the government and sold its domestic banking operations to the Belgium government, and BNP Paribas and was asked to spin off its insurance and asset management divisions.

Ageas/ NV (FRA:FO4N) Headlines

No Headlines