Swisscom AG (OTCMKTS:SCMWY) Short Interest Update

Swisscom AG (OTCMKTS:SCMWY) saw a significant drop in short interest in November. As of November 15th, there was short interest totalling 700 shares, a drop of 53.3% from the October 31st total of 1,500 shares. Based on an average trading volume of 36,200 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Barclays raised Swisscom to a “strong sell” rating in a research note on Thursday, August 15th. New Street Research raised shares of Swisscom to a “hold” rating in a research note on Monday, September 9th.

Swisscom Stock Performance

SCMWY stock traded up $1.07 during midday trading on Thursday, reaching $57.92. The company’s stock had a trading volume of 10,383 shares, compared to its average volume of 14,629. Swisscom has a 1 year low of $53.01 and a 1 year high of $66.00. The stock has a fifty day simple moving average of $62.37 and a two-hundred day simple moving average of $60.32. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.94 and a current ratio of 0.94.

Swisscom Company Profile

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.