The Swatch Group AG (OTCMKTS:SWGAY) Short Interest Update

The Swatch Group AG (OTCMKTS:SWGAY - Get Free Report) saw a significant growth in short interest in September. As of September 30th, there was short interest totalling 22,300 shares, a growth of 1,138.9% from the September 15th total of 1,800 shares. Based on an average daily volume of 326,700 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

A number of research analysts have commented on SWGAY shares. UBS Group upgraded The Swatch Group to a "strong sell" rating in a research report on Monday, September 23rd. Jefferies Financial Group cut The Swatch Group from a "hold" rating to an "underperform" rating in a report on Friday, September 20th.

The Swatch Group Trading Up 1.8 %

Shares of OTCMKTS SWGAY traded up $0.19 during mid-day trading on Thursday, reaching $10.66. 145,429 shares of the company's stock were exchanged, compared to its average volume of 189,814. The business has a fifty day simple moving average of $10.10 and a 200 day simple moving average of $10.43. The Swatch Group has a twelve month low of $8.73 and a twelve month high of $13.73.

The Swatch Group Company Profile

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.

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