The Swatch Group AG (OTCMKTS:SWGAY – Get Free Report) saw a large growth in short interest in April. As of April 15th, there was short interest totalling 39,700 shares, a growth of 156.1% from the March 31st total of 15,500 shares. Based on an average daily volume of 219,100 shares, the days-to-cover ratio is presently 0.2 days.
The Swatch Group Stock Performance
Shares of SWGAY remained flat at $10.64 on Friday. The stock had a trading volume of 108,916 shares, compared to its average volume of 155,847. The stock’s 50 day moving average is $11.43 and its 200-day moving average is $12.27. The Swatch Group has a 1-year low of $10.38 and a 1-year high of $17.29.
The Swatch Group Increases Dividend
The firm also recently declared a dividend, which will be paid on Thursday, May 30th. Shareholders of record on Tuesday, May 14th will be issued a $0.2039 dividend. The ex-dividend date of this dividend is Monday, May 13th. This is a positive change from The Swatch Group’s previous dividend of $0.19.
About The Swatch Group
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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