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

The Swatch Group AG (OTCMKTS:SWGNFGet Rating) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totalling 28,800 shares, a drop of 25.6% from the June 30th total of 38,700 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

The Swatch Group Trading Up 9.2 %

Shares of OTCMKTS:SWGNF opened at $48.22 on Monday. The firm’s fifty day moving average is $45.46 and its 200-day moving average is $51.85. The Swatch Group has a 52 week low of $44.16 and a 52 week high of $62.50.

About The Swatch Group

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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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