Swiss Re Ltd. (OTCMKTS:SSREY) Short Interest Up 40.4% in April

Swiss Re Ltd. (OTCMKTS:SSREY) was the target of a large growth in short interest in April. As of April 15th, there was short interest totaling 41,049 shares, a growth of 40.4% from the March 31st total of 29,240 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 54,450 shares, the short-interest ratio is presently 0.8 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group downgraded shares of Swiss Re from a “hold” rating to a “sell” rating in a research note on Wednesday, January 21st. 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 company’s stock. According to MarketBeat, Swiss Re currently has an average rating of “Reduce”.

Swiss Re Trading Down 1.2%

Shares of SSREY opened at $40.64 on Tuesday. The company has a 50 day moving average price of $41.74 and a 200-day moving average price of $42.40. Swiss Re has a fifty-two week low of $38.63 and a fifty-two week high of $48.62. The company has a quick ratio of 39.12, a current ratio of 39.12 and a debt-to-equity ratio of 0.32.

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.