Swiss Re Ltd. (OTCMKTS:SSREY) Short Interest Down 37.3% in July

Swiss Re Ltd. (OTCMKTS:SSREY) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 32,837 shares, a decline of 37.3% from the June 30th total of 52,364 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 105,866 shares, the days-to-cover ratio is presently 0.3 days.

Swiss Re Stock Performance

SSREY opened at $41.47 on Thursday. The stock’s 50 day moving average price is $39.29 and its 200-day moving average price is $40.36. Swiss Re has a one year low of $36.01 and a one year high of $48.62. The company has a quick ratio of 39.12, a current ratio of 39.12 and a debt-to-equity ratio of 0.32.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. UBS Group downgraded Swiss Re from a “neutral” rating to a “sell” rating in a research report on Thursday, May 21st. Citigroup reiterated a “neutral” rating on shares of Swiss Re in a research report on Friday, May 8th. Finally, Morgan Stanley reissued an “underweight” rating on shares of Swiss Re in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, Swiss Re presently has a consensus rating of “Reduce”.

Swiss Re Company Profile

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.