The Swatch Group AG (OTCMKTS:SWGAY – Get Free Report) saw a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 15,800 shares, a decrease of 78.6% from the January 31st total of 74,000 shares. Based on an average trading volume of 125,200 shares, the short-interest ratio is presently 0.1 days.
Analyst Ratings Changes
Separately, Royal Bank of Canada downgraded The Swatch Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 9th.
View Our Latest Report on SWGAY
The Swatch Group Trading Up 1.6 %
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.
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