The Swatch Group AG (OTCMKTS:SWGNF) Short Interest Down 34.4% in August

The Swatch Group AG (OTCMKTS:SWGNF) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 13,700 shares, a decrease of 34.4% from the August 15th total of 20,900 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 137.0 days.

The Swatch Group Stock Performance

Shares of SWGNF stock remained flat at $39.23 during trading on Friday. 104 shares of the company traded hands, compared to its average volume of 546. The business’s fifty day moving average is $41.58 and its 200-day moving average is $42.30. The Swatch Group has a twelve month low of $39.23 and a twelve month high of $52.64.

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.