Short Interest in Swiss Re AG (OTCMKTS:SSREF) Rises By 39.4%

Swiss Re AG (OTCMKTS:SSREF) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 2,223,400 shares, an increase of 39.4% from the March 31st total of 1,595,100 shares. Based on an average daily volume of 400 shares, the short-interest ratio is presently 5,558.5 days.

Swiss Re Stock Performance

SSREF stock remained flat at $107.39 during mid-day trading on Monday. Swiss Re has a fifty-two week low of $96.70 and a fifty-two week high of $130.90. The firm’s fifty day moving average is $120.96 and its 200-day moving average is $115.23.

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.