Swiss Re Ltd. (OTCMKTS:SSREY) Short Interest Up 40.4% in April

Swiss Re Ltd. (OTCMKTS:SSREY) saw a large growth in short interest in April. As of April 15th, there was short interest totaling 41,049 shares, a growth of 40.4% from the March 31st total of 29,240 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 54,450 shares, the days-to-cover ratio is presently 0.8 days.

Swiss Re Price Performance

Shares of SSREY stock traded up $1.22 during trading on Thursday, reaching $40.41. 70,033 shares of the company’s stock traded hands, compared to its average volume of 49,284. The company has a debt-to-equity ratio of 0.32, a quick ratio of 39.12 and a current ratio of 39.12. The firm’s 50-day moving average is $41.66 and its 200 day moving average is $42.33. Swiss Re has a 1 year low of $38.63 and a 1 year high of $48.62.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group cut shares of Swiss Re from a “hold” rating to a “sell” rating in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

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.