Short Interest in Swiss Life Holding AG (OTCMKTS:SZLMY) Drops By 34.9%

Swiss Life Holding AG (OTCMKTS:SZLMY) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totaling 2,201 shares, a drop of 34.9% from the June 30th total of 3,379 shares. Based on an average daily trading volume, of 13,278 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Zacks Research upgraded Swiss Life to a “hold” rating in a report on Thursday, June 25th. UBS Group lowered Swiss Life to a “neutral” rating in a report on Friday, May 8th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Swiss Life Stock Performance

SZLMY stock opened at $59.29 on Friday. The firm has a market cap of $33.14 billion and a PE ratio of 46.10. The firm’s 50 day moving average price is $55.68 and its 200-day moving average price is $55.69. Swiss Life has a one year low of $50.75 and a one year high of $61.12.

About Swiss Life

Swiss Life is a leading provider of comprehensive life insurance, pension solutions and wealth management services. Founded in 1857 and headquartered in Zurich, the company has grown from its origins as Schweizerische Rentenanstalt into a diversified financial services group serving both private individuals and corporate clients. Its core offerings include life and health insurance policies, retirement planning products and tailored savings strategies designed to secure long-term financial well-being.

In addition to its traditional insurance business, Swiss Life operates an asset management arm that oversees a broad portfolio of investments ranging from equities and fixed income to real estate.