Swiss Re AG (OTCMKTS:SSREY – Get Free Report) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 5,400 shares, an increase of 35.0% from the March 31st total of 4,000 shares. Based on an average daily volume of 53,700 shares, the days-to-cover ratio is presently 0.1 days.
Swiss Re Stock Down 0.2 %
SSREY stock traded down $0.06 during mid-day trading on Monday, reaching $27.26. 40,700 shares of the company traded hands, compared to its average volume of 25,249. The company has a fifty day moving average price of $30.18 and a 200-day moving average price of $28.87. Swiss Re has a 52-week low of $23.55 and a 52-week high of $32.91.
Swiss Re Cuts Dividend
The company also recently announced an annual dividend, which was paid on Thursday, April 25th. Shareholders of record on Wednesday, April 17th were paid a $1.065 dividend. This represents a yield of 3.31%. The ex-dividend date of this dividend was Tuesday, April 16th.
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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