Swisscom AG (OTCMKTS:SCMWY) Short Interest Update

Swisscom AG (OTCMKTS:SCMWY) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 6,400 shares, a drop of 44.3% from the January 15th total of 11,500 shares. Based on an average daily trading volume, of 44,900 shares, the days-to-cover ratio is currently 0.1 days.

Swisscom Price Performance

Shares of OTCMKTS:SCMWY traded up $0.19 on Thursday, hitting $58.02. The company’s stock had a trading volume of 11,561 shares, compared to its average volume of 22,011. Swisscom has a 1 year low of $53.01 and a 1 year high of $66.00. The company has a 50-day simple moving average of $56.63 and a 200 day simple moving average of $60.36. The company has a market capitalization of $300.55 billion, a PE ratio of 15.77 and a beta of 0.28. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.11 and a quick ratio of 2.11.

Swisscom (OTCMKTS:SCMWY) last issued its earnings results on Thursday, February 13th. The utilities provider reported $0.57 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.34). Swisscom had a return on equity of 13.29% and a net margin of 14.19%. Sell-side analysts forecast that Swisscom will post 3.47 EPS 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.