Swiss Life Holding AG (OTCMKTS:SZLMY) Sees Significant Growth in Short Interest

Swiss Life Holding AG (OTCMKTS:SZLMY) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 1,943 shares, an increase of 496.0% from the July 30th total of 326 shares. Based on an average daily trading volume, of 11,370 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Trading of Swiss Life

An institutional investor recently bought a new stake in Swiss Life stock. AWM Investment Company Inc. bought a new stake in shares of Swiss Life Holding AG (OTCMKTS:SZLMY) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 177,772 shares of the company’s stock, valued at approximately $1,904,000.

Wall Street Analyst Weigh In

A number of brokerages recently commented on SZLMY. UBS Group downgraded shares of Swiss Life to a “neutral” rating in a report on Friday, May 8th. Zacks Research raised Swiss Life to a “hold” rating in a research note on Thursday, June 25th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Swiss Life Trading Up 0.5%

SZLMY stock opened at $57.32 on Wednesday. Swiss Life has a twelve month low of $50.75 and a twelve month high of $61.12. The firm’s fifty day simple moving average is $57.11 and its two-hundred day simple moving average is $56.09.

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.