Swiss Re Ltd. (OTCMKTS:SSREY) Short Interest Down 31.7% in February

Swiss Re Ltd. (OTCMKTS:SSREY) was the target of a large decline in short interest in February. As of February 13th, there was short interest totaling 25,986 shares, a decline of 31.7% from the January 29th total of 38,074 shares. Based on an average daily trading volume, of 123,215 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 123,215 shares, the short-interest ratio is presently 0.2 days.

Swiss Re Stock Performance

Shares of OTCMKTS SSREY opened at $44.03 on Friday. The stock’s 50-day simple moving average is $40.95 and its two-hundred day simple moving average is $43.47. Swiss Re has a twelve month low of $37.56 and a twelve month high of $48.62.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on SSREY shares. Citigroup lowered Swiss Re from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. Oddo Bhf cut Swiss Re to a “neutral” rating in a report on Tuesday, December 9th. Royal Bank Of Canada restated an “underperform” rating on shares of Swiss Re in a research note on Monday, December 8th. The Goldman Sachs Group cut Swiss Re from a “hold” rating to a “sell” rating in a research report on Wednesday, January 21st. Finally, DZ Bank upgraded shares of Swiss Re from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce”.

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.