Swiss Life Holding AG (OTCMKTS:SZLMY) Shares Shorted: Short Interest Down 76.2% in September

Swiss Life Holding AG (OTCMKTS:SZLMY) was the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 581 shares, a drop of 76.2% from the August 31st total of 2,439 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 22,623 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Zacks Research raised Swiss Life to a “hold” rating in a research report on Thursday, June 25th. Barclays upgraded shares of Swiss Life to a “strong-buy” rating in a research report on Wednesday, September 2nd. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Swiss Life Trading Up 1.3%

OTCMKTS SZLMY opened at $55.29 on Friday. Swiss Life has a 12 month low of $50.75 and a 12 month high of $61.12. The stock has a 50-day simple moving average of $57.20 and a 200 day simple moving average of $56.14.

About Swiss Life

Swiss Life AG is a Switzerland-based insurance and financial services group headquartered in Zurich. Founded in 1857 as Schweizerische Lebensversicherungs- und Rentenanstalt, the company has developed into one of Switzerland’s major providers of insurance, pensions and financial planning services.

Swiss Life offers life insurance, occupational pension solutions, individual retirement products and financial advice for private customers, companies and institutional clients. Its activities also include property and casualty insurance in selected markets, asset management and real estate investment services, as well as advisory services provided through brands such as Swiss Life Select.

The group’s principal markets are Switzerland, France and Germany, while its international corporate solutions business serves multinational companies and internationally mobile employees.