Swiss Re Ltd. (OTCMKTS:SSREY) Stock Short Interest Report for October

Swiss Re Ltd. (OTCMKTS:SSREY) was the recipient of a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 24,397 shares, a drop of 84.6% from the October 15th total of 158,334 shares. Based on an average daily trading volume, of 66,632 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are sold short.

Swiss Re Trading Down 0.5%

OTCMKTS SSREY opened at $45.83 on Wednesday. The business’s 50 day moving average is $44.14 and its two-hundred day moving average is $41.64. Swiss Re has a 12-month low of $36.01 and a 12-month high of $49.18.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group cut shares of Swiss Re from a “hold” rating to a “moderate sell” rating in a research note on Wednesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce”.

Swiss Re Company Profile

Swiss Re is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, it provides risk-transfer and risk-management services to insurance companies, businesses and public-sector organizations. The company’s principal activities include property and casualty reinsurance, life and health reinsurance, and commercial insurance through its Corporate Solutions business. Its offerings help clients manage risks ranging from natural catastrophes and large commercial losses to mortality, health and longevity risks.