Short Interest in The Swatch Group AG (OTCMKTS:SWGNF) Declines By 42.0%

The Swatch Group AG (OTCMKTS:SWGNFGet Free Report) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 326 shares, a drop of 42.0% from the June 15th total of 562 shares. Based on an average daily trading volume, of 128 shares, the short-interest ratio is currently 2.5 days.

The Swatch Group Price Performance

OTCMKTS SWGNF opened at $47.85 on Thursday. The Swatch Group has a 12 month low of $34.10 and a 12 month high of $52.42. The company has a 50-day moving average of $47.44 and a 200-day moving average of $45.64.

About The Swatch Group

(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.

Further Reading

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