Short Interest in Compagnie Financière Richemont SA (OTCMKTS:CFRUY) Drops By 71.0%

Compagnie Financière Richemont SA (OTCMKTS:CFRUY) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totalling 137,300 shares, a drop of 71.0% from the May 31st total of 473,500 shares. Based on an average daily volume of 713,200 shares, the days-to-cover ratio is presently 0.2 days.

Compagnie Financière Richemont Stock Up 0.1 %

CFRUY traded up $0.02 on Thursday, hitting $15.81. The company had a trading volume of 143,113 shares, compared to its average volume of 481,197. Compagnie Financière Richemont has a 12-month low of $11.41 and a 12-month high of $17.86. The business’s fifty day simple moving average is $15.30 and its 200 day simple moving average is $14.87. The company has a current ratio of 2.48, a quick ratio of 1.84 and a debt-to-equity ratio of 0.31.

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.