Swatch Group AG (OTCMKTS:SWGAY) Short Interest Update

Swatch Group AG (OTCMKTS:SWGAY) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 39,358 shares, an increase of 222.8% from the November 30th total of 12,191 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 108,457 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 108,457 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are sold short.

Swatch Group Price Performance

Shares of Swatch Group stock traded up $0.03 during trading hours on Friday, hitting $10.66. 31,867 shares of the company were exchanged, compared to its average volume of 49,613. The business has a 50-day moving average of $10.49 and a 200-day moving average of $9.49. Swatch Group has a 1 year low of $7.26 and a 1 year high of $11.18.

Swatch Group Company Profile

The Swatch Group is a Switzerland-based watchmaking conglomerate that designs, manufactures and distributes a broad portfolio of wristwatch and jewelry brands spanning entry-level fashion watches to high-end mechanical timepieces. Its stable of brands includes global names across multiple price segments, and the company is active in retail, wholesale and after-sales services. In addition to finished watches, Swatch Group produces key watch components and complete movements, supplying both its own brands and other firms in the industry.

Manufacturing and technical competence are central to the company’s operations.