Swiss Life Holding AG (OTCMKTS:SZLMY) Sees Large Growth in Short Interest

Swiss Life Holding AG (OTCMKTS:SZLMYGet Free Report) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 3,379 shares, a growth of 962.6% from the June 15th total of 318 shares. Based on an average trading volume of 20,821 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analyst Weigh In

Several analysts recently weighed in on SZLMY shares. UBS Group cut shares of Swiss Life to a “neutral” rating in a report on Friday, May 8th. Zacks Research upgraded shares of Swiss Life to a “hold” rating in a report on Thursday, June 25th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Swiss Life presently has an average rating of “Hold”.

Read Our Latest Research Report on Swiss Life

Swiss Life Stock Up 0.6%

Swiss Life stock traded up $0.36 during midday trading on Friday, reaching $58.01. The company’s stock had a trading volume of 3,880 shares, compared to its average volume of 13,074. The company has a market cap of $33.10 billion and a P/E ratio of 46.10. The business has a 50-day simple moving average of $55.05 and a 200-day simple moving average of $55.70. Swiss Life has a fifty-two week low of $49.15 and a fifty-two week high of $61.12.

About Swiss Life

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Swiss Life Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Swiss Life and related companies with MarketBeat.com's FREE daily email newsletter.