Short Interest in Swisscom AG (OTCMKTS:SCMWY) Grows By 901.8%

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

Swisscom Stock Up 0.6 %

Shares of Swisscom stock traded up $0.32 during trading on Wednesday, hitting $57.64. 9,076 shares of the company were exchanged, compared to its average volume of 28,782. Swisscom has a fifty-two week low of $53.01 and a fifty-two week high of $66.00. The firm has a 50 day moving average price of $56.66 and a 200 day moving average price of $60.57. The stock has a market capitalization of $298.58 billion, a price-to-earnings 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 during the quarter. Swisscom had a net margin of 14.19% and a return on equity of 13.21%. Analysts predict 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.