Swiss Re AG (OTCMKTS:SSREY - Get Free Report) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 4,000 shares, a decline of 72.0% from the March 15th total of 14,300 shares. Based on an average trading volume of 50,000 shares, the short-interest ratio is presently 0.1 days.
Swiss Re Stock Performance
Shares of OTCMKTS SSREY traded down $0.14 during mid-day trading on Wednesday, reaching $29.20. 17,554 shares of the company were exchanged, compared to its average volume of 22,449. Swiss Re has a 52 week low of $23.55 and a 52 week high of $32.91. The company's 50 day moving average price is $30.45 and its 200 day moving average price is $28.68.
Swiss Re Cuts Dividend
The business also recently disclosed an annual dividend, which will be paid on Thursday, April 25th. Stockholders of record on Wednesday, April 17th will be issued a dividend of $1.065 per share. This represents a dividend yield of 3.31%. The ex-dividend date is Tuesday, April 16th.
About Swiss Re
(
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Swiss Re AG, together with its subsidiaries, provides wholesale reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. The company operates through three segments: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions.
Further Reading
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