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

Swiss Re Ltd. (OTCMKTS:SSREY) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 52,364 shares, an increase of 1,164.8% from the June 15th total of 4,140 shares. Based on an average daily trading volume, of 118,337 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are short sold.

Swiss Re Price Performance

OTCMKTS SSREY traded up $0.49 during trading hours on Friday, reaching $41.07. 34,852 shares of the company’s stock were exchanged, compared to its average volume of 55,085. The firm has a fifty day moving average of $38.78 and a 200-day moving average of $40.38. Swiss Re has a one year low of $36.01 and a one year high of $48.62. The company has a quick ratio of 39.12, a current ratio of 39.12 and a debt-to-equity ratio of 0.32.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on SSREY shares. UBS Group lowered Swiss Re from a “neutral” rating to a “sell” rating in a research note on Thursday, May 21st. Citigroup reiterated a “neutral” rating on shares of Swiss Re in a research report on Friday, May 8th. Finally, Morgan Stanley reissued an “underweight” rating on shares of Swiss Re in a report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Swiss Re presently 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.