The Swatch Group AG (OTCMKTS:SWGNF) Sees Large Drop in Short Interest

The Swatch Group AG (OTCMKTS:SWGNF) saw a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 1,200 shares, a decrease of 55.6% from the January 31st total of 2,700 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 12.0 days.

The Swatch Group Stock Performance

OTCMKTS:SWGNF opened at $37.80 on Friday. The company has a 50-day moving average of $35.91 and a 200-day moving average of $38.39. The Swatch Group has a twelve month low of $33.75 and a twelve month high of $46.64.

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.