Short Interest in The Swatch Group AG (OTCMKTS:SWGAY) Decreases By 78.6%

The Swatch Group AG (OTCMKTS:SWGAYGet 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 %

Shares of OTCMKTS:SWGAY opened at $9.65 on Friday. The stock has a fifty day moving average of $9.13 and a 200-day moving average of $9.55. The Swatch Group has a one year low of $8.42 and a one year high of $11.97.

The Swatch Group Company Profile

(Get Free Report)

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.

Further Reading

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