Short Interest in The Swatch Group AG (OTCMKTS:SWGNF) Drops By 27.6%

The Swatch Group AG (OTCMKTS:SWGNF) saw a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 65,000 shares, a decrease of 27.6% from the October 31st total of 89,800 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 650.0 days.

The Swatch Group Stock Performance

Shares of OTCMKTS SWGNF remained flat at $36.50 during trading hours on Friday. The stock had a trading volume of 34 shares, compared to its average volume of 569. The Swatch Group has a 12 month low of $34.93 and a 12 month high of $49.41. The firm’s fifty day moving average price is $40.22 and its 200 day moving average price is $40.91.

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.