Swisscom AG (OTCMKTS:SCMWY) Short Interest Up 6,183.3% in April

Swisscom AG (OTCMKTS:SCMWY - Get Free Report) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 37,700 shares, a growth of 6,183.3% from the March 31st total of 600 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 43,600 shares, the days-to-cover ratio is presently 0.9 days.

Analyst Upgrades and Downgrades

Separately, BNP Paribas downgraded shares of Swisscom from a "strong-buy" rating to a "hold" rating in a report on Thursday, April 10th.

Swisscom Trading Down 1.6 %

OTCMKTS SCMWY traded down $1.06 during trading on Thursday, hitting $66.28. The stock had a trading volume of 18,049 shares, compared to its average volume of 18,209. Swisscom has a one year low of $53.22 and a one year high of $68.24. The company has a debt-to-equity ratio of 0.85, a quick ratio of 2.11 and a current ratio of 2.11. The stock has a market capitalization of $343.34 billion, a price-to-earnings ratio of 19.61 and a beta of 0.28. The stock has a 50 day simple moving average of $60.92 and a 200 day simple moving average of $59.14.

Swisscom (OTCMKTS:SCMWY - Get Free Report) last released its earnings results on Thursday, February 13th. The utilities provider reported $0.57 earnings per share for the quarter, missing analysts' consensus estimates of $0.91 by ($0.34). The business had revenue of $3.26 billion during the quarter, compared to analysts' expectations of $3.23 billion. Swisscom had a return on equity of 12.00% and a net margin of 14.19%. Sell-side analysts predict that Swisscom will post 3.47 earnings per share for the current 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.