Swisscom AG (OTCMKTS:SCMWY) Short Interest Up 1,250.0% in March

Swisscom AG (OTCMKTS:SCMWY) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 5,400 shares, an increase of 1,250.0% from the February 28th total of 400 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 25,500 shares, the days-to-cover ratio is currently 0.2 days.

Swisscom Stock Performance

Shares of SCMWY stock traded up $0.27 on Thursday, hitting $60.21. The company’s stock had a trading volume of 13,303 shares, compared to its average volume of 19,460. Swisscom has a fifty-two week low of $53.01 and a fifty-two week high of $66.00. The company has a debt-to-equity ratio of 0.85, a quick ratio of 2.11 and a current ratio of 2.11. The stock’s 50 day moving average is $57.63 and its 200-day moving average is $59.52. The company has a market capitalization of $311.90 billion, a PE ratio of 17.81 and a beta of 0.27.

Swisscom (OTCMKTS:SCMWY) last announced its earnings results on Thursday, February 13th. The utilities provider reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.34). Swisscom had a return on equity of 12.00% and a net margin of 14.19%. The business had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.23 billion. Equities research analysts expect that Swisscom will post 3.47 earnings per share for the current fiscal year.

About Swisscom

Swisscom AG provides telecommunication services primarily in Switzerland, Italy, and internationally. It operates through three segments: Swisscom Switzerland, Fastweb, and Other Operating. The company offers mobile and fixed-network services, such as telephony, TV, broadband, and mobile offerings, as well as sells terminal equipment; and telecom and communications solutions for large corporations and small and medium-sized enterprises.