The Swatch Group AG (OTCMKTS:SWGNF) Short Interest Up 354.5% in March

The Swatch Group AG (OTCMKTS:SWGNF) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 5,000 shares, an increase of 354.5% from the February 29th total of 1,100 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 50.0 days.

The Swatch Group Stock Performance

The Swatch Group stock remained flat at $43.33 during mid-day trading on Thursday. The Swatch Group has a fifty-two week low of $43.33 and a fifty-two week high of $62.80. The firm’s fifty day moving average is $45.59 and its 200 day moving average is $48.29.

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.