Swiss Re AG (OTCMKTS:SSREY - Get Free Report) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 12,200 shares, a growth of 56.4% from the December 31st total of 7,800 shares. Based on an average daily trading volume, of 54,100 shares, the short-interest ratio is currently 0.2 days.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on SSREY shares. Berenberg Bank raised Swiss Re to a "strong-buy" rating in a research report on Monday, November 11th. UBS Group raised Swiss Re from a "strong sell" rating to a "strong-buy" rating in a report on Monday, November 11th. Hsbc Global Res cut Swiss Re from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 22nd. The Goldman Sachs Group upgraded Swiss Re from a "strong sell" rating to a "hold" rating in a research report on Friday, December 13th. Finally, Citigroup raised shares of Swiss Re to a "strong-buy" rating in a research note on Monday, November 18th. Three 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.com, the company currently has a consensus rating of "Buy".
Check Out Our Latest Research Report on Swiss Re
Swiss Re Stock Performance
Swiss Re stock traded up $0.55 during midday trading on Wednesday, hitting $39.05. 51,767 shares of the company were exchanged, compared to its average volume of 22,472. Swiss Re has a fifty-two week low of $26.66 and a fifty-two week high of $39.42. The company's fifty day moving average price is $37.07 and its 200-day moving average price is $34.51.
Swiss Re Company Profile
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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.
Further Reading
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