Swiss Re AG (OTCMKTS:SSREY) Sees Large Drop in Short Interest

Swiss Re AG (OTCMKTS:SSREY) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 25,200 shares, a decrease of 53.0% from the May 31st total of 53,600 shares. Based on an average daily volume of 117,100 shares, the short-interest ratio is currently 0.2 days.

Swiss Re Price Performance

Swiss Re stock traded down $0.08 during mid-day trading on Friday, reaching $31.07. The company had a trading volume of 41,097 shares, compared to its average volume of 46,097. Swiss Re has a 52 week low of $23.55 and a 52 week high of $32.91. The company has a 50 day moving average of $29.96 and a 200-day moving average of $29.61.

About Swiss Re

Swiss Re AG, together with its subsidiaries, provides wholesale reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. The company operates through three segments: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions.