Swiss Life Holding AG (OTCMKTS:SZLMY) Short Interest Update

Swiss Life Holding AG (OTCMKTS:SZLMY) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 1,943 shares, a growth of 496.0% from the July 30th total of 326 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 11,370 shares, the days-to-cover ratio is currently 0.2 days.

Swiss Life Stock Performance

SZLMY opened at $57.32 on Wednesday. The stock’s fifty day moving average is $57.11 and its two-hundred day moving average is $56.09. Swiss Life has a 52 week low of $50.75 and a 52 week high of $61.12.

Wall Street Analysts Forecast Growth

SZLMY has been the subject of several research analyst reports. Zacks Research upgraded Swiss Life to a “hold” rating in a research report on Thursday, June 25th. UBS Group cut shares of Swiss Life to a “neutral” rating in a report on Friday, May 8th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Institutional Trading of Swiss Life

An institutional investor recently bought a new stake in Swiss Life stock. AWM Investment Company Inc. acquired a new position in Swiss Life Holding AG (OTCMKTS:SZLMY) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 177,772 shares of the company’s stock, valued at approximately $1,904,000.

About Swiss Life

Swiss Life is a leading provider of comprehensive life insurance, pension solutions and wealth management services. Founded in 1857 and headquartered in Zurich, the company has grown from its origins as Schweizerische Rentenanstalt into a diversified financial services group serving both private individuals and corporate clients. Its core offerings include life and health insurance policies, retirement planning products and tailored savings strategies designed to secure long-term financial well-being.

In addition to its traditional insurance business, Swiss Life operates an asset management arm that oversees a broad portfolio of investments ranging from equities and fixed income to real estate.