The Swatch Group AG (OTCMKTS:SWGNF) Short Interest Update

The Swatch Group AG (OTCMKTS:SWGNF – Get Rating) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totalling 6,400 shares, a drop of 54.0% from the April 30th total of 13,900 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 64.0 days.

The Swatch Group Price Performance

Shares of OTCMKTS SWGNF remained flat at $55.73 during trading on Friday. The Swatch Group has a fifty-two week low of $42.25 and a fifty-two week high of $65.90. The stock has a 50-day simple moving average of $62.76 and a 200-day simple moving average of $58.32.

The Swatch Group Company Profile

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The Swatch Group AG engages in the design, manufacture, and sale of finished watches, jewelry, watch movements, and components. It operates through the Watches & Jewelry, and Electronic Systems segments. The Watches & Jewelry segment is involved in the designs, production, and marketing of watches and jewelry.