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

Swiss Re Ltd. (OTCMKTS:SSREY - Get Free Report) was the recipient of a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 9,500 shares, a decline of 47.5% from the May 15th total of 18,100 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 43,700 shares, the short-interest ratio is currently 0.2 days.

Swiss Re Stock Down 0.2%

SSREY stock traded down $0.10 during trading on Wednesday, reaching $41.44. 41,333 shares of the stock were exchanged, compared to its average volume of 28,541. Swiss Re has a twelve month low of $29.00 and a twelve month high of $46.89. The company has a quick ratio of 12.70, a current ratio of 12.70 and a debt-to-equity ratio of 0.27. The stock has a 50 day simple moving average of $44.02 and a 200-day simple moving average of $40.69.

Swiss Re Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 24th. Stockholders of record on Wednesday, April 16th were issued a dividend of $1.1544 per share. The ex-dividend date of this dividend was Wednesday, April 16th. This is a positive change from Swiss Re's previous dividend of $1.00.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on SSREY shares. BNP Paribas downgraded Swiss Re from a "hold" rating to a "strong sell" rating in a research note on Monday, June 2nd. Citigroup reiterated a "buy" rating on shares of Swiss Re in a report on Tuesday, May 20th. Finally, Barclays downgraded shares of Swiss Re from a "hold" rating to a "strong sell" rating in a research note on Thursday, June 12th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, one has issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Swiss Re currently has an average rating of "Hold".

Swiss Re Company Profile

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.