Swisscom AG (OTCMKTS:SCMWY) Short Interest Up 2,071.4% in November

Swisscom AG (OTCMKTS:SCMWY) saw a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 15,200 shares, a growth of 2,071.4% from the November 15th total of 700 shares. Based on an average trading volume of 35,200 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. New Street Research raised Swisscom to a “hold” rating in a research note on Monday, September 9th. Barclays upgraded shares of Swisscom to a “strong sell” rating in a research report on Thursday, August 15th.

Swisscom Price Performance

Shares of SCMWY traded down $0.27 during mid-day trading on Wednesday, hitting $57.10. 19,594 shares of the company traded hands, compared to its average volume of 15,023. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.94 and a quick ratio of 0.94. The business has a 50-day moving average of $61.17 and a 200 day moving average of $60.53. Swisscom has a one year low of $53.01 and a one year high of $66.00.

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.