Swiss Re AG (OTCMKTS:SSREY) Short Interest Update

Swiss Re AG (OTCMKTS:SSREY) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 24,200 shares, a decrease of 56.9% from the November 30th total of 56,200 shares. Based on an average daily trading volume, of 54,900 shares, the short-interest ratio is presently 0.4 days.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on SSREY. Keefe, Bruyette & Woods raised shares of Swiss Re from a “moderate sell” rating to a “hold” rating in a report on Wednesday, November 20th. UBS Group raised shares of Swiss Re from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, November 11th. Citigroup upgraded shares of Swiss Re to a “strong-buy” rating in a research note on Monday, November 18th. Berenberg Bank upgraded Swiss Re to a “strong-buy” rating in a research note on Monday, November 11th. Finally, The Goldman Sachs Group raised Swiss Re from a “strong sell” rating to a “hold” rating in a research report on Friday, December 13th. Two analysts have rated the stock with a hold rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy”.

Swiss Re Trading Up 0.3 %

Shares of Swiss Re stock traded up $0.13 during trading hours on Friday, hitting $36.63. The company had a trading volume of 24,628 shares, compared to its average volume of 27,235. The company’s 50-day moving average is $35.09 and its two-hundred day moving average is $33.22. Swiss Re has a twelve month low of $26.66 and a twelve month high of $37.94.

Swiss Re Company Profile

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.