The Swatch Group AG (OTCMKTS:SWGNF) Short Interest Down 19.0% in March

The Swatch Group AG (OTCMKTS:SWGNFGet Rating) saw a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 40,400 shares, a drop of 19.0% from the March 15th total of 49,900 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 404.0 days.

Shares of OTCMKTS SWGNF opened at $54.30 on Tuesday. The Swatch Group has a 1-year low of $50.55 and a 1-year high of $66.95. The business’s 50 day moving average is $56.03 and its 200-day moving average is $56.77.

About The Swatch Group (Get Rating)

The Swatch Group AG designs, manufactures, and sells finished watches, jewelry, and watch movements and components worldwide. It operates through Watches & Jewelry and Electronic Systems segments. The Watches & Jewelry segment designs, produces, and commercializes watches and jewelry. The Electronic Systems segment is involved in the design, production, and commercialization of electronic components, as well as sports timing activities.

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