The Swatch Group AG (OTCMKTS:SWGNF) Short Interest Down 55.6% in February

The Swatch Group AG (OTCMKTS:SWGNF) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 1,200 shares, a drop of 55.6% from the January 31st total of 2,700 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 12.0 days.

The Swatch Group Stock Performance

The Swatch Group stock opened at $37.80 on Monday. The Swatch Group has a one year low of $33.75 and a one year high of $46.64. The business has a 50 day simple moving average of $35.91 and a 200 day simple moving average of $38.38.

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.