Swiss Re AG (OTCMKTS:SSREY - Get Free Report) saw a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 16,400 shares, an increase of 45.1% from the January 31st total of 11,300 shares. Based on an average daily trading volume, of 36,000 shares, the days-to-cover ratio is presently 0.5 days.
Wall Street Analyst Weigh In
Several research firms recently weighed in on SSREY. UBS Group upgraded Swiss Re from a "strong sell" rating to a "strong-buy" rating in a research report on Monday, November 11th. Hsbc Global Res cut Swiss Re from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 22nd. The Goldman Sachs Group upgraded Swiss Re from a "strong sell" rating to a "hold" rating in a research note on Friday, December 13th. Keefe, Bruyette & Woods upgraded shares of Swiss Re from a "moderate sell" rating to a "hold" rating in a research note on Wednesday, November 20th. Finally, Berenberg Bank raised shares of Swiss Re to a "strong-buy" rating in a report on Monday, November 11th. Three equities research analysts have rated the stock with a hold rating and three have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy".
View Our Latest Stock Analysis on SSREY
Swiss Re Price Performance
Shares of OTCMKTS:SSREY traded up $0.37 during mid-day trading on Thursday, reaching $41.72. The stock had a trading volume of 13,511 shares, compared to its average volume of 18,724. The business's 50 day moving average price is $38.18 and its 200 day moving average price is $35.81. Swiss Re has a 1 year low of $26.66 and a 1 year high of $41.86.
Swiss Re Company Profile
(
Get Free Report)
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.
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