Swiss Re Ltd. (OTCMKTS:SSREY) Short Interest Up 413.6% in June

Swiss Re Ltd. (OTCMKTS:SSREY) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 4,140 shares, a growth of 413.6% from the May 31st total of 806 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 199,030 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

A number of research firms have commented on SSREY. Citigroup reaffirmed a “neutral” rating on shares of Swiss Re in a research report on Friday, May 8th. UBS Group cut shares of Swiss Re from a “neutral” rating to a “sell” rating in a research report on Thursday, May 21st. Finally, Morgan Stanley reiterated an “underweight” rating on shares of Swiss Re in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce”.

Swiss Re Stock Up 1.0%

OTCMKTS:SSREY traded up $0.38 during trading hours on Friday, hitting $39.37. 35,740 shares of the company’s stock traded hands, compared to its average volume of 81,503. The business’s fifty day simple moving average is $38.93 and its two-hundred day simple moving average is $40.38. Swiss Re has a 52 week low of $36.01 and a 52 week high of $48.62. The company has a debt-to-equity ratio of 0.32, a current ratio of 39.12 and a quick ratio of 39.12.

About Swiss Re

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.