Swiss Re Ltd. (OTCMKTS:SSREY) Short Interest Update

Swiss Re Ltd. (OTCMKTS:SSREY) saw a significant drop in short interest in May. As of May 29th, there was short interest totaling 806 shares, a drop of 54.7% from the May 14th total of 1,779 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 141,922 shares, the days-to-cover ratio is presently 0.0 days.

Swiss Re Stock Down 0.9%

Shares of OTCMKTS:SSREY opened at $37.95 on Friday. Swiss Re has a 12 month low of $36.01 and a 12 month high of $48.62. The company has a debt-to-equity ratio of 0.32, a quick ratio of 39.12 and a current ratio of 39.12. The company’s fifty day simple moving average is $39.73 and its 200 day simple moving average is $40.70.

Analysts Set New Price Targets

A number of brokerages recently commented on SSREY. Citigroup restated a “neutral” rating on shares of Swiss Re in a report on Friday, May 8th. UBS Group lowered shares of Swiss Re from a “neutral” rating to a “sell” rating in a report on Thursday, May 21st. Finally, Morgan Stanley restated an “underweight” rating on shares of Swiss Re in a report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce”.

Swiss Re Company Profile

Swiss Re (OTCMKTS: SSREY) is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, the firm provides risk transfer and insurance solutions to insurers, reinsurers, and large corporations worldwide. Its core activities encompass reinsurance for property & casualty and life & health lines, as well as tailored corporate insurance products designed to protect complex commercial and industrial risks.

Swiss Re’s product offering spans treaty and facultative reinsurance, structured reinsurance solutions, and capital markets–linked risk transfer such as insurance‑linked securities.