Swiss Life Holding AG (OTCMKTS:SZLMY) Short Interest Down 78.3% in May

Swiss Life Holding AG (OTCMKTS:SZLMY) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 3,761 shares, a drop of 78.3% from the April 30th total of 17,367 shares. Based on an average daily volume of 22,353 shares, the short-interest ratio is presently 0.2 days.

Analysts Set New Price Targets

Separately, UBS Group lowered shares of Swiss Life to a “neutral” rating in a research report on Friday, May 8th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Swiss Life currently has an average rating of “Hold”.

Swiss Life Stock Up 0.3%

Swiss Life stock traded up $0.14 during trading hours on Friday, hitting $54.28. The stock had a trading volume of 12,179 shares, compared to its average volume of 12,852. Swiss Life has a 1-year low of $48.06 and a 1-year high of $61.12. The stock’s fifty day moving average is $56.27 and its two-hundred day moving average is $55.74.

Swiss Life Company Profile

Swiss Life is a leading provider of comprehensive life insurance, pension solutions and wealth management services. Founded in 1857 and headquartered in Zurich, the company has grown from its origins as Schweizerische Rentenanstalt into a diversified financial services group serving both private individuals and corporate clients. Its core offerings include life and health insurance policies, retirement planning products and tailored savings strategies designed to secure long-term financial well-being.

In addition to its traditional insurance business, Swiss Life operates an asset management arm that oversees a broad portfolio of investments ranging from equities and fixed income to real estate.