Short Interest in Swiss Re AG (OTCMKTS:SSREF) Drops By 17.9%

Swiss Re AG (OTCMKTS:SSREF) was the target of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 1,386,800 shares, a decline of 17.9% from the February 13th total of 1,690,100 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 13,868.0 days.

Swiss Re Stock Performance

SSREF remained flat at $162.45 on Tuesday. 35 shares of the company traded hands, compared to its average volume of 273. The stock’s 50-day simple moving average is $154.22 and its two-hundred day simple moving average is $143.58. Swiss Re has a 12-month low of $107.39 and a 12-month high of $162.45.

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.