Short Interest in The Swatch Group AG (OTCMKTS:SWGNF) Drops By 46.7%

The Swatch Group AG (OTCMKTS:SWGNF) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 800 shares, a decline of 46.7% from the December 15th total of 1,500 shares. Based on an average daily trading volume, of 2,200 shares, the days-to-cover ratio is presently 0.4 days.

The Swatch Group Stock Performance

Shares of The Swatch Group stock remained flat at $33.75 on Thursday. The Swatch Group has a 12 month low of $33.75 and a 12 month high of $47.50. The stock’s 50-day moving average is $35.92 and its 200-day moving average is $39.55.

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.