Swissquote Group Holding Ltd (OTCMKTS:SWQGF) Sees Significant Increase in Short Interest

Swissquote Group Holding Ltd (OTCMKTS:SWQGF) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 22,707 shares, an increase of 898.5% from the April 30th total of 2,274 shares. Based on an average daily trading volume, of 14 shares, the days-to-cover ratio is currently 1,621.9 days.

Swissquote Group Stock Performance

Shares of OTCMKTS:SWQGF opened at $490.08 on Thursday. The business has a fifty day moving average of $501.35 and a two-hundred day moving average of $564.14. Swissquote Group has a 52-week low of $490.08 and a 52-week high of $533.85.

About Swissquote Group

Swissquote Group is a Swiss online banking and financial services provider that specialises in digital asset management, online trading and e-banking. Founded in 1996 and headquartered in Gland, Switzerland, the company operates a comprehensive platform for retail and institutional clients to trade equities, bonds, ETFs, forex, CFDs and cryptocurrencies. Swissquote’s core offering centres on a user-friendly web portal and mobile app that deliver real-time market data, research tools and automated investment solutions.

The company’s banking division offers current and savings accounts, mortgages, debit and credit cards, as well as custodial services for securities and digital assets.