The Swatch Group AG (OTCMKTS:SWGAY) Short Interest Down 93.1% in August

The Swatch Group AG (OTCMKTS:SWGAY) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 4,400 shares, a decrease of 93.1% from the August 15th total of 64,200 shares. Based on an average trading volume of 166,400 shares, the short-interest ratio is presently 0.0 days.

The Swatch Group Price Performance

Shares of OTCMKTS:SWGAY traded down $0.04 during trading on Thursday, reaching $9.17. 400,604 shares of the company’s stock traded hands, compared to its average volume of 193,423. The Swatch Group has a fifty-two week low of $9.09 and a fifty-two week high of $13.85. The company has a 50-day simple moving average of $10.18 and a 200-day simple moving average of $10.68.

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.