Short Interest in Swiss Life Holding AG (OTCMKTS:SZLMY) Grows By 962.6%

Swiss Life Holding AG (OTCMKTS:SZLMY) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 3,379 shares, a growth of 962.6% from the June 15th total of 318 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 20,821 shares, the short-interest ratio is presently 0.2 days.

Analysts Set New Price Targets

A number of research firms have issued reports on SZLMY. UBS Group cut shares of Swiss Life to a “neutral” rating in a research report on Friday, May 8th. Zacks Research upgraded shares of Swiss Life to a “hold” rating in a report on Thursday, June 25th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Swiss Life Price Performance

Swiss Life stock traded up $0.36 during mid-day trading on Friday, reaching $58.01. 3,880 shares of the company traded hands, compared to its average volume of 13,074. The firm’s 50 day moving average price is $55.05 and its 200 day moving average price is $55.70. The firm has a market capitalization of $33.10 billion and a price-to-earnings ratio of 46.10. Swiss Life has a 52-week low of $49.15 and a 52-week high of $61.12.

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.