The Swatch Group AG (OTCMKTS:SWGAY - Get Free Report) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totalling 100 shares, a drop of 99.3% from the March 31st total of 14,700 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 758,500 shares, the days-to-cover ratio is currently 0.0 days.
The Swatch Group Stock Performance
Shares of SWGAY traded up $0.02 on Friday, hitting $8.60. 80,924 shares of the stock traded hands, compared to its average volume of 172,452. The Swatch Group has a 1 year low of $7.26 and a 1 year high of $11.19. The stock's 50 day moving average is $8.80 and its two-hundred day moving average is $9.14.
Analyst Ratings Changes
Separately, Royal Bank of Canada cut shares of The Swatch Group from a "hold" rating to a "strong sell" rating in a research note on Thursday, January 9th.
Check Out Our Latest Report on SWGAY
The Swatch Group Company Profile
(
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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.
Further Reading
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