Swiss Re AG (OTCMKTS:SSREY) Short Interest Update

Swiss Re AG (OTCMKTS:SSREY - Get Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 39,100 shares, an increase of 329.7% from the February 28th total of 9,100 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 36,100 shares, the days-to-cover ratio is currently 1.1 days.

Analyst Ratings Changes

Several research firms have weighed in on SSREY. Hsbc Global Res lowered Swiss Re from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 22nd. The Goldman Sachs Group upgraded shares of Swiss Re from a "strong sell" rating to a "hold" rating in a research report on Friday, December 13th. Three investment analysts have rated the stock with a hold rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, Swiss Re currently has an average rating of "Buy".

Swiss Re Price Performance

SSREY stock traded down $0.13 on Monday, reaching $42.99. The company had a trading volume of 14,361 shares, compared to its average volume of 19,320. The company's fifty day moving average is $40.08 and its 200 day moving average is $36.81. Swiss Re has a 1 year low of $26.66 and a 1 year high of $43.54.

Swiss Re Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, April 24th. Investors of record on Wednesday, April 16th will be paid a dividend of $1.1544 per share. The ex-dividend date is Wednesday, April 16th. This is a positive change from Swiss Re's previous dividend of $1.00.

About Swiss Re

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.