Swisscom AG (OTCMKTS:SCMWY) Sees Significant Drop in Short Interest

Swisscom AG (OTCMKTS:SCMWY) was the recipient of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 2,300 shares, a decrease of 64.1% from the January 31st total of 6,400 shares. Based on an average daily trading volume, of 24,400 shares, the days-to-cover ratio is presently 0.1 days.

Swisscom Stock Up 0.0 %

OTCMKTS:SCMWY traded up $0.00 during trading hours on Friday, hitting $56.94. The company’s stock had a trading volume of 23,010 shares, compared to its average volume of 22,064. The stock has a market capitalization of $294.94 billion, a P/E ratio of 16.85 and a beta of 0.28. The stock has a fifty day moving average of $56.40 and a 200-day moving average of $59.95. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.85. Swisscom has a 52-week low of $53.01 and a 52-week high of $66.00.

Swisscom (OTCMKTS:SCMWY) last posted its earnings results on Thursday, February 13th. The utilities provider reported $0.57 EPS for the quarter, missing the consensus estimate 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 net margin of 14.19% and a return on equity of 12.00%. On average, equities analysts forecast 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.