Swiss Re Ltd. (OTCMKTS:SSREY) Short Interest Update

Swiss Re Ltd. (OTCMKTS:SSREY) was the target of a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 11,083 shares, a drop of 57.4% from the February 12th total of 25,986 shares. Based on an average daily trading volume, of 84,135 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 84,135 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

SSREY has been the topic of several research analyst reports. Oddo Bhf cut Swiss Re to a “neutral” rating in a research note on Tuesday, December 9th. UBS Group lowered Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 17th. Citigroup cut shares of Swiss Re from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. DZ Bank raised shares of Swiss Re from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 9th. Finally, Royal Bank Of Canada restated an “underperform” rating on shares of Swiss Re in a report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce”.

Swiss Re Stock Performance

SSREY opened at $41.44 on Wednesday. Swiss Re has a 52 week low of $37.56 and a 52 week high of $48.62. The business has a 50 day moving average of $40.92 and a 200-day moving average of $43.26.

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.