Swiss Life Holding AG (OTCMKTS:SZLMY) Sees Large Growth in Short Interest
by Danessa Lincoln · The Markets DailySwiss Life Holding AG (OTCMKTS:SZLMY – Get Free Report) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 3,379 shares, an increase of 962.6% from the June 15th total of 318 shares. Based on an average daily volume of 20,821 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold.
Swiss Life Price Performance
Shares of OTCMKTS:SZLMY traded up $0.36 during trading on Friday, reaching $58.01. The company had a trading volume of 3,880 shares, compared to its average volume of 13,074. Swiss Life has a fifty-two week low of $49.15 and a fifty-two week high of $61.12. The stock’s fifty day moving average price is $55.05 and its 200 day moving average price is $55.70. The firm has a market capitalization of $33.10 billion and a price-to-earnings ratio of 46.10.
Analyst Ratings Changes
Several research analysts have issued reports on the stock. Zacks Research raised shares of Swiss Life to a “hold” rating in a research report on Thursday, June 25th. UBS Group cut shares of Swiss Life to a “neutral” rating in a report on Friday, May 8th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.
Get Our Latest Stock Report on SZLMY
About Swiss Life
Swiss Life is a leading provider of comprehensive life insurance, pension solutions and wealth management services. Founded in 1857 and headquartered in Zurich, the company has grown from its origins as Schweizerische Rentenanstalt into a diversified financial services group serving both private individuals and corporate clients. Its core offerings include life and health insurance policies, retirement planning products and tailored savings strategies designed to secure long-term financial well-being.
In addition to its traditional insurance business, Swiss Life operates an asset management arm that oversees a broad portfolio of investments ranging from equities and fixed income to real estate.