Swisscom AG (OTCMKTS:SCMWY) Short Interest Update

Swisscom AG (OTCMKTS:SCMWY) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 56,100 shares, a growth of 901.8% from the December 31st total of 5,600 shares. Based on an average trading volume of 84,800 shares, the days-to-cover ratio is currently 0.7 days.

Swisscom Price Performance

Shares of SCMWY traded up $0.32 during midday trading on Wednesday, reaching $57.64. The stock had a trading volume of 9,076 shares, compared to its average volume of 28,782. The firm’s 50 day moving average price is $56.66 and its 200-day moving average price is $60.57. Swisscom has a 52 week low of $53.01 and a 52 week high of $66.00. The company has a market capitalization of $298.58 billion, a P/E ratio of 15.66 and a beta of 0.27.

Swisscom (OTCMKTS:SCMWY) last issued its quarterly earnings results on Thursday, October 31st. The utilities provider reported $1.00 EPS for the quarter. The firm had revenue of $3.14 billion for the quarter. Swisscom had a net margin of 14.19% and a return on equity of 13.21%. On average, equities analysts forecast that Swisscom will post 3.66 earnings per share for the current 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.