Short Interest in The Swatch Group AG (OTCMKTS:SWGNF) Drops By 27.6%

The Swatch Group AG (OTCMKTS:SWGNF) saw a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 65,000 shares, a decrease of 27.6% from the October 31st total of 89,800 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 650.0 days.

The Swatch Group Price Performance

OTCMKTS SWGNF remained flat at $36.50 on Friday. The Swatch Group has a twelve month low of $34.93 and a twelve month high of $49.41. The firm’s fifty day moving average is $40.17 and its two-hundred day moving average is $40.87.

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.