The Swatch Group AG (OTCMKTS:SWGAY - Get Free Report) saw a significant drop in short interest in November. As of November 15th, there was short interest totalling 14,800 shares, a drop of 25.6% from the October 31st total of 19,900 shares. Based on an average daily volume of 423,700 shares, the days-to-cover ratio is currently 0.0 days.
The Swatch Group Price Performance
Shares of OTCMKTS SWGAY remained flat at $9.07 during mid-day trading on Friday. The company had a trading volume of 84,783 shares, compared to its average volume of 190,970. The business's fifty day moving average is $9.86 and its 200 day moving average is $10.11. The Swatch Group has a 52-week low of $8.73 and a 52-week high of $13.73.
Analyst Ratings Changes
Several equities research analysts recently commented on the stock. Berenberg Bank upgraded shares of The Swatch Group to a "strong sell" rating in a research note on Wednesday, October 30th. UBS Group raised The Swatch Group to a "strong sell" rating in a report on Monday, September 23rd. Finally, Jefferies Financial Group downgraded The Swatch Group from a "hold" rating to an "underperform" rating in a report on Friday, September 20th.
View Our Latest Stock Analysis 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.
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