Swiss Re AG (OTCMKTS:SSREY) Short Interest Update

Swiss Re AG (OTCMKTS:SSREY - Get Free Report) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 31,200 shares, an increase of 239.1% from the March 31st total of 9,200 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 104,700 shares, the short-interest ratio is presently 0.3 days.

Swiss Re Stock Up 1.4 %

Shares of Swiss Re stock traded up $0.63 on Wednesday, reaching $44.99. 24,584 shares of the company were exchanged, compared to its average volume of 25,454. Swiss Re has a 1-year low of $27.00 and a 1-year high of $44.99. The company's 50-day moving average is $41.99 and its two-hundred day moving average is $38.21.

Swiss Re Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, April 24th. Shareholders of record on Wednesday, April 16th were paid a $1.1544 dividend. This is a boost from Swiss Re's previous dividend of $1.00. The ex-dividend date of this dividend was Wednesday, April 16th.

Analyst Upgrades and Downgrades

Separately, Hsbc Global Res downgraded shares of Swiss Re from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 22nd. Three equities research analysts have rated the stock with a hold rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Swiss Re has an average rating of "Buy".

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.