Swisscom AG (OTCMKTS:SCMWY) Short Interest Up 1,250.0% in March

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

Swisscom Stock Performance

Shares of Swisscom stock traded up $0.27 during trading on Thursday, hitting $60.21. 13,303 shares of the stock were exchanged, compared to its average volume of 19,460. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.85. The company has a fifty day moving average price of $57.63 and a 200-day moving average price of $59.52. The stock has a market capitalization of $311.90 billion, a price-to-earnings ratio of 17.81 and a beta of 0.27. Swisscom has a 1-year low of $53.01 and a 1-year high of $66.00.

Swisscom (OTCMKTS:SCMWY) last announced its quarterly earnings results on Thursday, February 13th. The utilities provider reported $0.57 earnings per share for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.34). Swisscom had a return on equity of 12.00% and a net margin of 14.19%. The business had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.23 billion. As a group, equities analysts predict that Swisscom will post 3.47 EPS for the current fiscal year.

Swisscom Company Profile

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.