Short Interest in The Swatch Group AG (OTCMKTS:SWGAY) Expands By 64.0%

The Swatch Group AG (OTCMKTS:SWGAY - Get Free Report) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totalling 29,200 shares, an increase of 64.0% from the April 30th total of 17,800 shares. Based on an average daily volume of 332,800 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company's stock are short sold.

The Swatch Group Stock Up 0.8%

SWGAY stock traded up $0.07 during midday trading on Monday, hitting $8.43. The company's stock had a trading volume of 188,177 shares, compared to its average volume of 164,067. The company's fifty day moving average price is $8.38 and its 200 day moving average price is $8.88. The Swatch Group has a twelve month low of $7.26 and a twelve month high of $11.19.

The Swatch Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, June 11th. Investors of record on Monday, May 26th will be given a $0.1185 dividend. This represents a dividend yield of 1.34%. The ex-dividend date of this dividend is Friday, May 23rd.

The 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.