Short Interest in Swissquote Group Holding Ltd (OTCMKTS:SWQGF) Rises By 898.5%

Swissquote Group Holding Ltd (OTCMKTS:SWQGF) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 22,707 shares, an increase of 898.5% from the April 30th total of 2,274 shares. Based on an average trading volume of 14 shares, the short-interest ratio is currently 1,621.9 days.

Swissquote Group Stock Performance

Shares of Swissquote Group stock remained flat at $490.08 during trading on Friday. Swissquote Group has a 1-year low of $490.08 and a 1-year high of $533.85. The business has a 50-day moving average of $501.15 and a 200-day moving average of $563.21.

Swissquote Group Company Profile

Swissquote Group is a Swiss online banking and financial services provider that specialises in digital asset management, online trading and e-banking. Founded in 1996 and headquartered in Gland, Switzerland, the company operates a comprehensive platform for retail and institutional clients to trade equities, bonds, ETFs, forex, CFDs and cryptocurrencies. Swissquote’s core offering centres on a user-friendly web portal and mobile app that deliver real-time market data, research tools and automated investment solutions.

The company’s banking division offers current and savings accounts, mortgages, debit and credit cards, as well as custodial services for securities and digital assets.