Short Interest in Compagnie Financière Richemont SA (OTCMKTS:CFRUY) Increases By 236.4%

Compagnie Financière Richemont SA (OTCMKTS:CFRUY) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 692,400 shares, an increase of 236.4% from the January 31st total of 205,800 shares. Based on an average daily volume of 1,524,300 shares, the short-interest ratio is currently 0.5 days.

Compagnie Financière Richemont Stock Performance

CFRUY traded up $0.26 during trading on Friday, reaching $20.35. 13,145,383 shares of the company’s stock were exchanged, compared to its average volume of 2,444,128. The business has a 50 day moving average price of $17.92 and a 200 day moving average price of $15.79. Compagnie Financière Richemont has a fifty-two week low of $13.06 and a fifty-two week high of $20.55. The company has a quick ratio of 1.78, a current ratio of 2.52 and a debt-to-equity ratio of 0.30.

About Compagnie Financière Richemont

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.