Swiss Life Holding AG (OTCMKTS:SZLMY) Sees Large Increase in Short Interest

Swiss Life Holding AG (OTCMKTS:SZLMY) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 3,379 shares, an increase of 962.6% from the June 15th total of 318 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 20,821 shares, the short-interest ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

SZLMY has been the topic of several research reports. UBS Group cut shares of Swiss Life to a “neutral” rating in a research report on Friday, May 8th. Zacks Research raised shares of Swiss Life to a “hold” rating in a research note on Thursday, June 25th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Swiss Life has a consensus rating of “Hold”.

Swiss Life Trading Up 0.6%

Shares of SZLMY traded up $0.36 during midday trading on Friday, hitting $58.01. The stock had a trading volume of 3,880 shares, compared to its average volume of 13,074. The business has a 50-day simple moving average of $55.05 and a two-hundred day simple moving average of $55.70. The firm has a market cap of $33.10 billion and a P/E ratio of 46.10. Swiss Life has a fifty-two week low of $49.15 and a fifty-two week high of $61.12.

Swiss Life Company Profile

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.