Short Interest in The Swatch Group AG (OTCMKTS:SWGNF) Declines By 27.8%

The Swatch Group AG (OTCMKTS:SWGNF) was the target of a large drop in short interest in October. As of October 15th, there was short interest totalling 66,000 shares, a drop of 27.8% from the September 30th total of 91,400 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 660.0 days.

The Swatch Group Price Performance

Shares of OTCMKTS:SWGNF remained flat at $39.95 on Friday. The Swatch Group has a 1-year low of $39.23 and a 1-year high of $51.00. The business’s 50-day moving average price is $41.78 and its 200 day moving average price is $41.67.

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.