Swiss Re AG (OTCMKTS:SSREF) Sees Significant Decrease in Short Interest

Swiss Re AG (OTCMKTS:SSREF) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 1,712,500 shares, a decrease of 15.6% from the May 31st total of 2,028,200 shares. Based on an average trading volume of 700 shares, the short-interest ratio is currently 2,446.4 days.

Swiss Re Stock Performance

OTCMKTS:SSREF remained flat at $124.36 during mid-day trading on Friday. 10 shares of the company’s stock traded hands, compared to its average volume of 1,275. Swiss Re has a one year low of $96.75 and a one year high of $130.90. The business’s 50-day moving average price is $119.13 and its two-hundred day moving average price is $118.32.

About Swiss Re

Swiss Re AG, together with its subsidiaries, provides wholesale reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. The company operates through three segments: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions.