Swiss Life Holding AG (OTCMKTS:SZLMY) Sees Significant Decline in Short Interest

Swiss Life Holding AG (OTCMKTS:SZLMY) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 2,102 shares, a drop of 55.5% from the September 30th total of 4,720 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 43,895 shares, the short-interest ratio is currently 0.0 days.

Swiss Life Stock Down 0.7%

Swiss Life stock opened at $57.82 on Friday. The stock’s 50 day moving average is $55.75 and its 200 day moving average is $55.90. Swiss Life has a one year low of $50.75 and a one year high of $61.12.

Analysts Set New Price Targets

Separately, Barclays upgraded shares of Swiss Life to a “strong-buy” rating in a report on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Swiss Life Company Profile

Swiss Life is a Switzerland-based insurance and financial services group headquartered in Zurich. Founded in 1857, the company provides insurance, retirement planning and financial advice to individuals, companies and institutional clients.

Its core activities include life insurance, occupational and private pension solutions, disability and income protection, and property and casualty insurance, particularly in Switzerland. Swiss Life also offers financial planning and advisory services through its distribution network, as well as asset management and investment solutions for institutional and private clients.

Swiss Life primarily serves customers in Switzerland, France and Germany, while also providing international insurance and employee-benefits solutions in selected markets.