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

Swiss Re Ltd. (OTCMKTS:SSREY) saw a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 11,083 shares, a drop of 57.4% from the February 12th total of 25,986 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 84,135 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 84,135 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Oddo Bhf cut Swiss Re to a “neutral” rating in a report on Tuesday, December 9th. Berenberg Bank downgraded Swiss Re from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 9th. UBS Group cut Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. DZ Bank upgraded shares of Swiss Re from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 9th. Finally, Royal Bank Of Canada reissued an “underperform” rating on shares of Swiss Re in a research report on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce”.

Swiss Re Stock Down 0.6%

OTCMKTS SSREY opened at $40.98 on Friday. Swiss Re has a 12-month low of $37.56 and a 12-month high of $48.62. The company has a fifty day simple moving average of $40.89 and a two-hundred day simple moving average of $43.23.

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.