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

Swiss Re AG (OTCMKTS:SSREF) was the target of a large growth in short interest during the month of 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 trading volume, of 100 shares, the days-to-cover ratio is presently 17,727.0 days.

Swiss Re Stock Performance

Shares of SSREF 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 company’s fifty day moving average price is $158.68 and its 200 day moving average price is $145.83.

Swiss Re Dividend Announcement

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