The Swatch Group AG (OTCMKTS:SWGAY - Get Free Report) saw a significant increase in short interest during the month of 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 currently 0.1 days. Approximately 0.0% of the company's stock are sold short.
The Swatch Group Trading Up 1.3%
Shares of OTCMKTS SWGAY traded up $0.11 during mid-day trading on Wednesday, reaching $8.53. 66,966 shares of the company's stock were exchanged, compared to its average volume of 162,358. The firm has a 50-day moving average price of $8.35 and a two-hundred day moving average price of $8.87. The Swatch Group has a 52 week low of $7.26 and a 52 week high of $11.19.
The Swatch Group Cuts Dividend
The business also recently announced a dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Monday, May 26th will be given a dividend of $0.1185 per share. This represents a dividend yield of 1.34%. The ex-dividend date is Friday, May 23rd.
About The Swatch Group
(
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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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