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

Swiss Re Ltd. (OTCMKTS:SSREY) was the recipient of a significant 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 trading volume of 118,337 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are short sold.

Swiss Re Trading Up 1.2%

OTCMKTS SSREY traded up $0.49 during trading on Friday, reaching $41.07. The company’s stock had a trading volume of 34,852 shares, compared to its average volume of 55,085. The company has a debt-to-equity ratio of 0.32, a current ratio of 39.12 and a quick ratio of 39.12. The business has a 50-day moving average price of $38.78 and a 200-day moving average price of $40.38. Swiss Re has a 1-year low of $36.01 and a 1-year high of $48.62.

Wall Street Analyst Weigh In

Several research analysts have issued reports on SSREY shares. Morgan Stanley restated an “underweight” rating on shares of Swiss Re in a research report on Friday, May 8th. Citigroup reissued a “neutral” rating on shares of Swiss Re in a research note 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 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. According to MarketBeat, the company 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.