Compagnie Financière Richemont SA (OTCMKTS:CFRUY) Sees Significant Growth in Short Interest

Compagnie Financière Richemont SA (OTCMKTS:CFRUY) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totalling 221,500 shares, an increase of 52.3% from the July 15th total of 145,400 shares. Based on an average daily trading volume, of 722,000 shares, the days-to-cover ratio is currently 0.3 days.

Compagnie Financière Richemont Stock Up 0.5 %

CFRUY stock traded up $0.08 on Wednesday, hitting $14.96. 136,145 shares of the company’s stock were exchanged, compared to its average volume of 452,204. Compagnie Financière Richemont has a 12-month low of $11.41 and a 12-month high of $16.91. The firm has a 50 day moving average price of $15.44 and a two-hundred day moving average price of $15.27.

Compagnie Financière Richemont Company Profile

Compagnie Financière Richemont SA engages in the luxury goods business in France, the United Kingdom, Italy, Switzerland, and rest of Europe. The company operates through Jewellery Maisons, Specialist Watchmakers, and Other segments. It designs, manufactures, and distributes jewelry products, precision timepieces, watches, writing instruments, clothing, and leather goods and accessories.