The Swatch Group AG (OTCMKTS:SWGNF – Get Free Report) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 5,424 shares, a drop of 31.9% from the August 15th total of 7,964 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.
The Swatch Group Price Performance
The Swatch Group stock remained flat at $41.95 during mid-day trading on Thursday. The stock’s 50 day moving average price is $44.15 and its two-hundred day moving average price is $44.91. The Swatch Group has a 52 week low of $37.37 and a 52 week high of $52.42.
The Swatch Group Company Profile
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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