The Swatch Group AG (OTCMKTS:SWGAY - Get Free Report) was the target of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 22,400 shares, a growth of 51.4% from the November 15th total of 14,800 shares. Based on an average daily volume of 435,000 shares, the short-interest ratio is currently 0.1 days.
The Swatch Group Trading Down 0.5 %
Shares of OTCMKTS SWGAY traded down $0.05 during mid-day trading on Friday, reaching $9.20. 167,029 shares of the company's stock were exchanged, compared to its average volume of 192,258. The firm has a 50-day moving average price of $9.70 and a two-hundred day moving average price of $10.01. The Swatch Group has a 52 week low of $8.73 and a 52 week high of $13.73.
Analyst Ratings Changes
Several analysts have recently weighed in on the stock. Jefferies Financial Group lowered shares of The Swatch Group from a "hold" rating to an "underperform" rating in a research note on Friday, September 20th. Berenberg Bank raised shares of The Swatch Group to a "strong sell" rating in a research note on Wednesday, October 30th. Finally, UBS Group upgraded shares of The Swatch Group to a "strong sell" rating in a report on Monday, September 23rd.
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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