Swisscom AG (OTCMKTS:SCMWY) Short Interest Update

Swisscom AG (OTCMKTS:SCMWY - Get Free Report) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 5,400 shares, a decline of 72.4% from the April 30th total of 19,600 shares. Based on an average trading volume of 18,300 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

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

Swisscom Stock Performance

Shares of OTCMKTS SCMWY traded up $0.43 during trading on Friday, reaching $68.90. The stock had a trading volume of 6,152 shares, compared to its average volume of 16,062. The stock has a market cap of $356.89 billion, a PE ratio of 20.38 and a beta of 0.30. The firm's 50 day moving average price is $64.51 and its two-hundred day moving average price is $59.74. The company has a debt-to-equity ratio of 0.85, a quick ratio of 2.11 and a current ratio of 2.11. Swisscom has a one year low of $53.22 and a one year high of $69.94.

Swisscom (OTCMKTS:SCMWY - Get Free Report) last issued its earnings results on Thursday, May 8th. The utilities provider reported $0.79 earnings per share for the quarter, missing the consensus estimate of $0.92 by ($0.13). Swisscom had a return on equity of 12.00% and a net margin of 14.19%. The company had revenue of $4.58 billion during the quarter, compared to analyst estimates of $4.19 billion. On average, research analysts forecast that Swisscom will post 3.47 earnings per share for the current fiscal year.

About Swisscom

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.