The Swatch Group AG (OTCMKTS:SWGAY – Get Free Report) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 162,600 shares, an increase of 629.1% from the September 30th total of 22,300 shares. Based on an average daily trading volume, of 334,100 shares, the days-to-cover ratio is presently 0.5 days.
Analyst Ratings Changes
A number of brokerages have commented on SWGAY. Jefferies Financial Group lowered shares of The Swatch Group from a “hold” rating to an “underperform” rating in a report on Friday, September 20th. UBS Group raised shares of The Swatch Group to a “strong sell” rating in a research note on Monday, September 23rd.
View Our Latest Report on SWGAY
The Swatch Group Trading Up 0.7 %
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.
Featured Articles
- Five stocks we like better than The Swatch Group
- Investing In Automotive Stocks
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- What Does Downgrade Mean in Investing?
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
- What is the Dogs of the Dow Strategy? Overview and Examples
- MarketBeat Week in Review – 10/21- 10/25
Receive News & Ratings for The Swatch Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Swatch Group and related companies with MarketBeat.com's FREE daily email newsletter.