The Swatch Group AG (OTCMKTS:SWGAY - Get Free Report) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 20,800 shares, an increase of 732.0% from the February 28th total of 2,500 shares. Based on an average daily volume of 274,700 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company's shares are sold short.
Analyst Ratings Changes
Separately, Royal Bank of Canada downgraded shares of The Swatch Group from a "hold" rating to a "strong sell" rating in a research note on Thursday, January 9th.
View Our Latest Stock Report on The Swatch Group
The Swatch Group Price Performance
SWGAY stock traded down $0.12 during trading on Friday, reaching $8.82. 69,843 shares of the stock traded hands, compared to its average volume of 134,577. The business's 50 day moving average price is $9.29 and its 200-day moving average price is $9.40. The Swatch Group has a 52-week low of $8.42 and a 52-week high of $11.77.
About The Swatch Group
(
Get Free Report)
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.
Featured Stories
Before you consider The Swatch Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Swatch Group wasn't on the list.
While The Swatch Group currently has a Strong Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.