Short Interest in Swisscom AG (OTCMKTS:SCMWY) Declines By 58.2%

Swisscom AG (OTCMKTS:SCMWY) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 11,200 shares, a decline of 58.2% from the March 31st total of 26,800 shares. Based on an average trading volume of 43,100 shares, the short-interest ratio is presently 0.3 days.

Swisscom Price Performance

OTCMKTS SCMWY traded down $0.25 on Friday, reaching $55.25. The company had a trading volume of 15,163 shares, compared to its average volume of 15,976. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $286.22 billion, a PE ratio of 15.06, a price-to-earnings-growth ratio of 6.62 and a beta of 0.24. The firm’s 50 day moving average price is $58.26 and its 200 day moving average price is $58.68. Swisscom has a 12 month low of $54.66 and a 12 month high of $70.04.

Swisscom (OTCMKTS:SCMWY) last announced its quarterly earnings results on Thursday, February 8th. The utilities provider reported $0.87 earnings per share (EPS) for the quarter. The company had revenue of $3.24 billion for the quarter. Swisscom had a net margin of 15.12% and a return on equity of 14.74%. As a group, equities analysts predict that Swisscom will post 3.56 earnings per share for the current year.

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.