Short Interest in Swisscom AG (OTCMKTS:SCMWY) Drops By 21.4%

Swisscom AG (OTCMKTS:SCMWY) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 1,100 shares, a drop of 21.4% from the May 31st total of 1,400 shares. Based on an average daily volume of 26,400 shares, the days-to-cover ratio is presently 0.0 days.

Swisscom Stock Up 1.4 %

Shares of SCMWY stock traded up $0.79 during trading hours on Monday, hitting $56.45. 9,200 shares of the company’s stock traded hands, compared to its average volume of 19,189. The stock has a market cap of $292.42 billion, a price-to-earnings ratio of 15.05 and a beta of 0.28. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.41. Swisscom has a 12-month low of $53.01 and a 12-month high of $65.31. The stock’s fifty day simple moving average is $55.37 and its two-hundred day simple moving average is $57.59.

Swisscom (OTCMKTS:SCMWY) last announced its earnings results on Thursday, May 2nd. The utilities provider reported $1.00 earnings per share (EPS) for the quarter. Swisscom had a net margin of 15.31% and a return on equity of 14.70%. The company had revenue of $3.09 billion during the quarter. On average, analysts expect that Swisscom will post 3.54 EPS for the current year.

About Swisscom

Swisscom AG provides telecommunication services primarily in Switzerland, Italy, and internationally. It operates through three segments: Swisscom Switzerland, Fastweb, and Other Operating. The company offers mobile and fixed-network services, such as telephony, TV, broadband, and mobile offerings, as well as sells terminal equipment; and telecom and communications solutions for large corporations and small and medium-sized enterprises.