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

Compagnie Financière Richemont SA (OTCMKTS:CFRUY) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 65,900 shares, a drop of 46.3% from the November 30th total of 122,800 shares. Based on an average daily volume of 1,554,800 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded Compagnie Financière Richemont to a “strong-buy” rating in a report on Tuesday, September 17th.

Compagnie Financière Richemont Stock Down 1.3 %

Shares of Compagnie Financière Richemont stock traded down $0.17 during trading on Friday, hitting $15.21. 503,876 shares of the stock traded hands, compared to its average volume of 495,699. The company has a fifty day moving average price of $14.40 and a two-hundred day moving average price of $14.92. Compagnie Financière Richemont has a twelve month low of $11.96 and a twelve month high of $16.91. The company has a quick ratio of 1.97, a current ratio of 2.65 and a debt-to-equity ratio of 0.29.

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.