The Swatch Group AG (OTCMKTS:SWGNF – Get Free Report) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 7,324 shares, an increase of 69.9% from the July 15th total of 4,311 shares. Based on an average trading volume of 76 shares, the days-to-cover ratio is currently 96.4 days.
The Swatch Group Price Performance
OTCMKTS SWGNF remained flat at $44.55 on Monday. The Swatch Group has a 12 month low of $34.10 and a 12 month high of $52.42. The firm’s fifty day moving average price is $46.62 and its 200-day moving average price is $45.70.
About The Swatch Group
The Swatch Group AG is a Switzerland-based manufacturer renowned for its wide range of wristwatches, watch movements and related components. Headquartered in Biel/Bienne, the company operates as one of the world’s leading watchmaking groups, offering timepieces across luxury, premium and accessible segments. In addition to watch production, the Swatch Group oversees jewelry manufacturing and supplies mechanical and quartz movements to both its own brands and external clients.
The group’s brand portfolio spans multiple market tiers, including high-end names such as Breguet, Blancpain and Harry Winston; prestigious makers like Omega, Longines and Glashütte Original; and accessible labels including Swatch and Tissot.
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