Short Interest in Swisscom AG (OTCMKTS:SCMWY) Expands By 1,250.0%

Swisscom AG (OTCMKTS:SCMWY) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 5,400 shares, a growth of 1,250.0% from the February 28th total of 400 shares. Based on an average daily volume of 25,500 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Swisscom Price Performance

SCMWY stock opened at $60.17 on Friday. Swisscom has a 52 week low of $53.01 and a 52 week high of $66.00. The firm has a market capitalization of $311.69 billion, a P/E ratio of 17.80 and a beta of 0.27. The company has a fifty day simple moving average of $57.71 and a two-hundred day simple moving average of $59.48. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 0.85.

Swisscom (OTCMKTS:SCMWY) last issued its quarterly earnings data on Thursday, February 13th. The utilities provider reported $0.57 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.34). Swisscom had a return on equity of 12.00% and a net margin of 14.19%. The company had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.23 billion. Analysts anticipate that Swisscom will post 3.47 earnings per share for the current fiscal year.

About Swisscom

Swisscom AG provides telecommunication services primarily in Switzerland, Italy, and internationally. It operates through three segments: Swisscom Switzerland, Fastweb, and Other Operating. The company offers mobile and fixed-network services, such as telephony, TV, broadband, and mobile offerings, as well as sells terminal equipment; and telecom and communications solutions for large corporations and small and medium-sized enterprises.