Swiss Re AG (OTCMKTS:SSREY) Short Interest Update

Swiss Re AG (OTCMKTS:SSREY) was the recipient of a significant decline in short interest in November. As of November 15th, there was short interest totalling 3,400 shares, a decline of 71.9% from the October 31st total of 12,100 shares. Based on an average daily trading volume, of 55,700 shares, the short-interest ratio is presently 0.1 days.

Swiss Re Stock Performance

SSREY stock traded up $0.20 during trading on Wednesday, hitting $36.45. The company had a trading volume of 14,705 shares, compared to its average volume of 27,396. The firm has a 50-day moving average price of $33.89 and a 200-day moving average price of $32.33. Swiss Re has a 12 month low of $26.66 and a 12 month high of $36.72.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Keefe, Bruyette & Woods raised shares of Swiss Re from a “moderate sell” rating to a “hold” rating in a report on Wednesday, November 20th. The Goldman Sachs Group upgraded Swiss Re to a “strong sell” rating in a research report on Wednesday, September 18th. Berenberg Bank upgraded Swiss Re to a “strong-buy” rating in a report on Monday, November 11th. UBS Group upgraded Swiss Re from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, November 11th. Finally, Citigroup upgraded shares of Swiss Re to a “strong-buy” rating in a research report on Monday, November 18th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy”.

About Swiss Re

Swiss Re AG, together with its subsidiaries, provides wholesale reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. The company operates through three segments: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions.