Short Interest in Swisscom AG (OTCMKTS:SCMWY) Declines By 58.2%

Swisscom AG (OTCMKTS:SCMWY - Get Free Report) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 11,200 shares, a drop of 58.2% from the March 31st total of 26,800 shares. Based on an average daily volume of 43,100 shares, the days-to-cover ratio is presently 0.3 days.

Swisscom Stock Performance

Shares of Swisscom stock traded down $0.25 during trading hours on Friday, hitting $55.25. 15,163 shares of the company's stock traded hands, compared to its average volume of 15,976. The company has a fifty day simple moving average of $58.26 and a 200-day simple moving average of $58.68. Swisscom has a 12-month low of $54.66 and a 12-month high of $70.04. The stock has a market capitalization of $286.22 billion, a price-to-earnings ratio of 15.06, a PEG ratio of 6.62 and a beta of 0.24. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.86 and a quick ratio of 0.86.

Swisscom (OTCMKTS:SCMWY - Get Free Report) last announced its quarterly earnings data on Thursday, February 8th. The utilities provider reported $0.87 earnings per share for the quarter. Swisscom had a return on equity of 14.74% and a net margin of 15.12%. The company had revenue of $3.24 billion during the quarter. Equities research analysts anticipate that Swisscom will post 3.56 EPS for the current fiscal year.

Swisscom Company Profile

Swisscom AG provides telecommunication services primarily in Switzerland, Italy, and internationally. It operates through three segments: Swisscom Switzerland, Fastweb, and Other Operating. The company offers mobile and fixed-network services, such as telephony, TV, broadband, and mobile offerings, as well as sells terminal equipment; and telecom and communications solutions for large corporations and small and medium-sized enterprises.

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