Swiss Re Ltd. (OTCMKTS:SSREY) Short Interest Update

Key Points

• Short interest in Swiss Re Ltd. increased by an astonishing 1,920.0% in July, rising from 1,000 shares to 20,200 shares.
• Swiss Re's stock price fell 0.9% to $44.57 following the report, with trading volume at 11,674 shares, significantly lower than its average of 28,764 shares.
• Analysts are divided on Swiss Re, with two strong sell ratings and only one buy rating, resulting in an average rating of "Hold".

Swiss Re Ltd. (OTCMKTS:SSREY - Get Free Report) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 20,200 shares, agrowthof1,920.0% from the June 30th total of 1,000 shares. Based on an average daily volume of 47,700 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 47,700 shares, the short-interest ratio is currently 0.4 days.

Swiss Re Trading Up 1.6%

Shares of OTCMKTS:SSREY traded up $0.72 during trading on Tuesday, reaching $46.64. 38,775 shares of the company's stock traded hands, compared to its average volume of 29,048. The company has a debt-to-equity ratio of 0.27, a current ratio of 12.70 and a quick ratio of 12.70. Swiss Re has a 12 month low of $29.25 and a 12 month high of $46.95. The company has a 50 day moving average of $43.89 and a 200-day moving average of $42.48.

Analyst Upgrades and Downgrades

SSREY has been the subject of several research analyst reports. Citigroup reissued a "buy" rating on shares of Swiss Re in a research report on Tuesday, May 20th. Barclays downgraded shares of Swiss Re from a "hold" rating to a "strong sell" rating in a research report on Thursday, June 12th. Finally, BNP Paribas downgraded shares of Swiss Re from a "hold" rating to a "strong sell" rating in a research report on Monday, June 2nd. Two analysts have rated the stock with a sell rating, three have given a hold rating, one has given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Swiss Re currently has an average rating of "Hold".

About Swiss Re

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.