Short Interest in Swatch Group AG (OTCMKTS:SWGAY) Increases By 100.0%

Swatch Group AG (OTCMKTS:SWGAY - Get Free Report) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 13,400 shares, anincreaseof100.0% from the June 30th total of 6,700 shares. Based on an average daily trading volume, of 209,500 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 209,500 shares, the short-interest ratio is presently 0.1 days.

Swatch Group Price Performance

SWGAY stock traded down $0.03 during midday trading on Friday, reaching $8.73. The company had a trading volume of 70,500 shares, compared to its average volume of 155,128. Swatch Group has a 1 year low of $7.26 and a 1 year high of $11.19. The firm has a 50-day moving average price of $8.52 and a 200-day moving average price of $8.73.

Swatch Group Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 11th. Stockholders of record on Monday, May 26th were given a dividend of $0.1185 per share. The ex-dividend date of this dividend was Friday, May 23rd. This represents a dividend yield of 134.0%.

Swatch Group Company Profile

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.