Swiss Re AG (OTCMKTS:SSREF – Get Free Report) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,772,700 shares, an increase of 27.8% from the February 28th total of 1,386,800 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 17,727.0 days.
Swiss Re Price Performance
OTCMKTS:SSREF opened at $168.29 on Wednesday. The business’s 50-day moving average is $158.36 and its two-hundred day moving average is $145.67. Swiss Re has a 12 month low of $107.39 and a 12 month high of $169.13.
Swiss Re Dividend Announcement
The business also recently announced an annual dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 16th will be issued a dividend of $7.35 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a dividend yield of 4.52%. Swiss Re’s payout ratio is currently 37.02%.
About Swiss Re
Swiss Re AG, together with its subsidiaries, provides wholesale reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. The company operates through three segments: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions.
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