Swiss Re Ltd. (OTCMKTS:SSREY) Stock Short Interest Report for October

Swiss Re Ltd. (OTCMKTS:SSREY) was the target of a large decrease in short interest in the month of October. As of October 30th, there was short interest totaling 24,397 shares, a decrease of 84.6% from the October 15th total of 158,334 shares. Based on an average daily volume of 66,632 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.

Swiss Re Stock Down 0.5%

OTCMKTS SSREY opened at $45.83 on Wednesday. The business has a 50 day moving average price of $44.14 and a 200 day moving average price of $41.64. Swiss Re has a 1-year low of $36.01 and a 1-year high of $49.18.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group cut shares of Swiss Re from a “hold” rating to a “moderate sell” rating in a research note on Wednesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, Swiss Re currently has an average rating of “Reduce”.

Swiss Re Company Profile

Swiss Re is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, it provides risk-transfer and risk-management services to insurance companies, businesses and public-sector organizations. The company’s principal activities include property and casualty reinsurance, life and health reinsurance, and commercial insurance through its Corporate Solutions business. Its offerings help clients manage risks ranging from natural catastrophes and large commercial losses to mortality, health and longevity risks.