Swiss Re Ltd. (OTCMKTS:SSREY) Short Interest Down 37.3% in July

Swiss Re Ltd. (OTCMKTS:SSREY) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 32,837 shares, a drop of 37.3% from the June 30th total of 52,364 shares. Based on an average daily volume of 105,866 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Citigroup restated a “neutral” rating on shares of Swiss Re in a report on Friday, May 8th. UBS Group lowered shares of Swiss Re from a “neutral” rating to a “sell” rating in a report on Thursday, May 21st. Finally, Morgan Stanley reissued an “underweight” rating on shares of Swiss Re in a research report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, Swiss Re currently has a consensus rating of “Reduce”.

Swiss Re Stock Down 0.4%

SSREY opened at $41.47 on Thursday. The stock’s fifty day moving average is $39.29 and its two-hundred day moving average is $40.36. Swiss Re has a 52 week low of $36.01 and a 52 week high of $48.62. The company has a debt-to-equity ratio of 0.32, a quick ratio of 39.12 and a current ratio of 39.12.

Swiss Re Company Profile

Swiss Re (OTCMKTS: SSREY) is a global reinsurance company headquartered in Zurich, Switzerland. Founded in 1863, the firm provides risk transfer and insurance solutions to insurers, reinsurers, and large corporations worldwide. Its core activities encompass reinsurance for property & casualty and life & health lines, as well as tailored corporate insurance products designed to protect complex commercial and industrial risks.

Swiss Re’s product offering spans treaty and facultative reinsurance, structured reinsurance solutions, and capital markets–linked risk transfer such as insurance‑linked securities.