Short Interest in The Swatch Group AG (OTCMKTS:SWGAY) Drops By 91.7%

The Swatch Group AG (OTCMKTS:SWGAY) was the target of a large drop in short interest in July. As of July 31st, there was short interest totalling 3,000 shares, a drop of 91.7% from the July 15th total of 36,300 shares. Based on an average trading volume of 451,400 shares, the short-interest ratio is currently 0.0 days.

The Swatch Group Trading Up 1.6 %

Shares of SWGAY stock traded up $0.16 during trading hours on Tuesday, reaching $10.49. The company’s stock had a trading volume of 128,288 shares, compared to its average volume of 194,405. The Swatch Group has a fifty-two week low of $9.40 and a fifty-two week high of $14.84. The firm’s 50 day simple moving average is $10.29 and its 200-day simple moving average is $10.92.

About The Swatch Group

The Swatch Group AG designs, manufactures, and sells finished watches, jewelry, and watch movements and components worldwide. The company operates through Watches & Jewelry and Electronic Systems segments. The Watches & Jewelry segment designs, produces, and commercializes watches and jewelry.