Short Interest in Swiss Life Holding AG (OTCMKTS:SZLMY) Drops By 78.3%

Swiss Life Holding AG (OTCMKTS:SZLMY) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 3,761 shares, a decline of 78.3% from the April 30th total of 17,367 shares. Based on an average daily volume of 22,353 shares, the days-to-cover ratio is presently 0.2 days.

Swiss Life Stock Up 0.3%

Shares of Swiss Life stock opened at $54.28 on Friday. The firm’s 50 day moving average price is $56.27 and its 200-day moving average price is $55.74. Swiss Life has a 52-week low of $48.06 and a 52-week high of $61.12.

Analyst Ratings Changes

Separately, UBS Group downgraded shares of Swiss Life to a “neutral” rating in a research report on Friday, May 8th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Swiss Life presently has an average rating of “Hold”.

Swiss Life Company Profile

Swiss Life is a leading provider of comprehensive life insurance, pension solutions and wealth management services. Founded in 1857 and headquartered in Zurich, the company has grown from its origins as Schweizerische Rentenanstalt into a diversified financial services group serving both private individuals and corporate clients. Its core offerings include life and health insurance policies, retirement planning products and tailored savings strategies designed to secure long-term financial well-being.

In addition to its traditional insurance business, Swiss Life operates an asset management arm that oversees a broad portfolio of investments ranging from equities and fixed income to real estate.