Swiss Re AG (OTCMKTS:SSREY – Get Free Report) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 12,800 shares, a growth of 73.0% from the September 15th total of 7,400 shares. Based on an average trading volume of 32,200 shares, the days-to-cover ratio is presently 0.4 days.
Swiss Re Stock Performance
OTCMKTS SSREY traded up $0.18 on Friday, reaching $34.06. The company had a trading volume of 14,427 shares, compared to its average volume of 19,051. The business has a 50 day moving average of $33.22 and a two-hundred day moving average of $31.18. Swiss Re has a fifty-two week low of $26.54 and a fifty-two week high of $35.01.
Analyst Ratings Changes
Separately, The Goldman Sachs Group raised Swiss Re to a “strong sell” rating in a report on Wednesday, September 18th.
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.
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