Swiss Re AG (OTCMKTS:SSREY - Get Free Report) saw a large decrease in short interest in March. As of March 31st, there was short interest totalling 9,200 shares, a decrease of 76.5% from the March 15th total of 39,100 shares. Based on an average daily volume of 41,700 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company's shares are sold short.
Swiss Re Price Performance
Shares of OTCMKTS SSREY traded up $0.83 during trading on Friday, hitting $43.38. 18,330 shares of the company traded hands, compared to its average volume of 24,693. The business's fifty day moving average is $41.29 and its 200 day moving average is $37.68. Swiss Re has a fifty-two week low of $26.66 and a fifty-two week high of $44.62.
Swiss Re Increases Dividend
The firm also recently announced a dividend, which will be paid on Thursday, April 24th. Stockholders of record on Wednesday, April 16th will be given a dividend of $1.1544 per share. The ex-dividend date is Wednesday, April 16th. This is an increase from Swiss Re's previous dividend of $1.00.
Analyst Ratings Changes
Separately, Hsbc Global Res cut Swiss Re from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 22nd. Three equities research analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Swiss Re has a consensus rating of "Buy".
Check Out Our Latest Stock Report on SSREY
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.
Further Reading
Before you consider Swiss Re, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Swiss Re wasn't on the list.
While Swiss Re currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
