Genworth Financial Inc (GNW): Price Target and June Short Interest Disclosure

Genworth Financial Inc (GNW) : The most positive equity analysts on Genworth Financial Inc (GNW) expects the shares to touch $8, whereas, the least positive believes that the stock will trade at $2 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $5.42 with an expected fluctuation of $2.13 from the mean.

Genworth Financial Inc (GNW), A increase of 9,170,638 shares or 37.4% was observed in the short interest of Genworth Financial Inc The interest on June 30,2016 came in at 33,663,371 shares and as per the average daily trading of 11,826,464 shares, the days to cover are 3. The increased interest is 6.8% of the floated shares. The data of June 15,2016 put the interest at 24,492,733 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.


Genworth Financial Inc (NYSE:GNW): stock turned positive on Thursday. Though the stock opened at $2.85, the bulls momentum made the stock top out at $2.874 level for the day. The stock recorded a low of $2.75 and closed the trading day at $2.77, in the green by 0.73%. The total traded volume for the day was 5,261,339. The stock had closed at $2.75 in the previous days trading.

Genworth Financial, Inc. is engaged in providing the insurance, retirement and homeownership needs of its customers. The Company operates through three divisions: U.S. Life Insurance, Global Mortgage Insurance and Corporate and Other. The Company operates in segments: U.S. Life Insurance, in which it offers and manages a variety of insurance and fixed annuity products in the United States; International Mortgage Insurance, in which it provides mortgage insurance products and related services in Canada and Australia, and also in select European and other countries; U.S. Mortgage Insurance, in which it offers mortgage insurance products predominantly insuring prime-based, individually underwritten residential mortgage loans; International Protection, in which it provides payment protection coverages, and Runoff, which includes the results of non-strategic products, which are no longer actively sold.

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