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

The Swatch Group AG (OTCMKTS:SWGNF) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totalling 1,000 shares, a decline of 23.1% from the March 31st total of 1,300 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 10.0 days.

The Swatch Group Price Performance

SWGNF stock traded up $1.20 during midday trading on Monday, reaching $42.50. The company had a trading volume of 100 shares, compared to its average volume of 400. The firm has a 50-day moving average price of $44.48 and a 200-day moving average price of $46.98. The Swatch Group has a 1 year low of $41.30 and a 1 year high of $58.17.

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.