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

The Swatch Group AG (OTCMKTS:SWGNF) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 800 shares, a drop of 46.7% from the December 15th total of 1,500 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is currently 0.4 days.

The Swatch Group Stock Performance

OTCMKTS SWGNF remained flat at $33.75 during trading on Thursday. The company has a fifty day simple moving average of $35.92 and a two-hundred day simple moving average of $39.55. The Swatch Group has a 52 week low of $33.75 and a 52 week high of $47.50.

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.