Swissquote Group Holding Ltd (OTCMKTS:SWQGF) Sees Large Drop in Short Interest

Swissquote Group Holding Ltd (OTCMKTS:SWQGF) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 184,859 shares, a decline of 70.9% from the July 30th total of 634,282 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ? days.

Swissquote Group Stock Performance

Shares of Swissquote Group stock opened at $49.01 on Friday. The firm’s 50 day simple moving average is $84.30 and its two-hundred day simple moving average is $360.85. Swissquote Group has a 12-month low of $490.08 and a 12-month high of $533.85.

Swissquote Group Company Profile

Swissquote Group is a Swiss online banking and financial services provider that specialises in digital asset management, online trading and e-banking. Founded in 1996 and headquartered in Gland, Switzerland, the company operates a comprehensive platform for retail and institutional clients to trade equities, bonds, ETFs, forex, CFDs and cryptocurrencies. Swissquote’s core offering centres on a user-friendly web portal and mobile app that deliver real-time market data, research tools and automated investment solutions.

The company’s banking division offers current and savings accounts, mortgages, debit and credit cards, as well as custodial services for securities and digital assets.