The Swatch Group AG (OTCMKTS:SWGNF) Sees Significant Increase in Short Interest

The Swatch Group AG (OTCMKTS:SWGNF) saw a significant growth in short interest in August. As of August 15th, there was short interest totalling 20,900 shares, a growth of 25.1% from the July 31st total of 16,700 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 69.7 days.

The Swatch Group Stock Performance

SWGNF stock opened at $42.08 on Friday. The business’s fifty day moving average price is $41.67 and its 200 day moving average price is $42.67. The Swatch Group has a 12-month low of $39.78 and a 12-month high of $52.64.

The Swatch Group Company Profile

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.