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

Swiss Re Ltd. (OTCMKTS:SSREY) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 64 shares, a decline of 92.1% from the November 30th total of 810 shares. Based on an average trading volume of 181,072 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 181,072 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

SSREY has been the topic of a number of recent research reports. Berenberg Bank downgraded Swiss Re from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 9th. Oddo Bhf lowered shares of Swiss Re to a “neutral” rating in a research report on Tuesday, December 9th. UBS Group downgraded shares of Swiss Re from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 17th. Citigroup lowered shares of Swiss Re from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Finally, Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Swiss Re in a report on Monday, December 8th. One research analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Swiss Re presently has a consensus rating of “Reduce”.

Swiss Re Price Performance

Shares of OTCMKTS:SSREY traded up $0.07 during midday trading on Wednesday, reaching $42.10. 10,448 shares of the company were exchanged, compared to its average volume of 32,155. The business’s fifty day moving average is $44.18 and its two-hundred day moving average is $44.58. Swiss Re has a one year low of $35.39 and a one year high of $48.62.

About Swiss Re

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.