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

Swiss Re Ltd. (OTCMKTS:SSREY) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 32,837 shares, a decline of 37.3% from the June 30th total of 52,364 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 105,866 shares, the days-to-cover ratio is currently 0.3 days.

Swiss Re Trading Up 0.1%

OTCMKTS SSREY traded up $0.06 during trading on Friday, hitting $41.88. The company had a trading volume of 26,816 shares, compared to its average volume of 40,033. The company’s fifty day moving average is $39.42 and its 200-day moving average is $40.38. The company has a quick ratio of 39.12, a current ratio of 39.12 and a debt-to-equity ratio of 0.32. Swiss Re has a one year low of $36.01 and a one year high of $48.62.

Wall Street Analyst Weigh In

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

About Swiss Re

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.