Short Interest in The Swatch Group AG (OTCMKTS:SWGNF) Drops By 87.0%

The Swatch Group AG (OTCMKTS:SWGNFGet Free Report) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 594 shares, a drop of 87.0% from the May 14th total of 4,555 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

The Swatch Group Price Performance

Shares of SWGNF opened at $51.12 on Friday. The business has a 50-day moving average of $44.84 and a 200 day moving average of $44.44. The Swatch Group has a fifty-two week low of $33.97 and a fifty-two week high of $52.42.

The Swatch Group Company Profile

(Get Free Report)

The Swatch Group AG is a Switzerland-based manufacturer renowned for its wide range of wristwatches, watch movements and related components. Headquartered in Biel/Bienne, the company operates as one of the world’s leading watchmaking groups, offering timepieces across luxury, premium and accessible segments. In addition to watch production, the Swatch Group oversees jewelry manufacturing and supplies mechanical and quartz movements to both its own brands and external clients.

The group’s brand portfolio spans multiple market tiers, including high-end names such as Breguet, Blancpain and Harry Winston; prestigious makers like Omega, Longines and Glashütte Original; and accessible labels including Swatch and Tissot.

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