Swiss Re AG (OTCMKTS:SSREF) Short Interest Up 27.8% in March

Swiss Re AG (OTCMKTS:SSREF) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 1,772,700 shares, a growth of 27.8% from the February 28th total of 1,386,800 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 17,727.0 days.

Swiss Re Price Performance

Shares of SSREF stock opened at $168.29 on Thursday. Swiss Re has a one year low of $107.39 and a one year high of $169.13. The stock has a fifty day moving average price of $158.68 and a 200 day moving average price of $145.83.

Swiss Re Dividend Announcement

The firm also recently disclosed an annual dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, April 16th will be issued a dividend of $7.35 per share. This represents a dividend yield of 4.52%. The ex-dividend date is Wednesday, April 16th. Swiss Re’s payout ratio is 37.02%.

Swiss Re Company Profile

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.