Compagnie Financiere Richemont AG (OTCMKTS:CFRUY) Short Interest Down 37.2% in September

Key Points

• Compagnie Financiere Richemont AG experienced a significant 37.2% drop in short interest, falling to 313,200 shares by September 30th.
• The company recently declared a $0.1714 dividend, which was paid to investors on October 7th, representing a notable yield of 90.0%.
• Shares of Richemont opened at $20.06 and have a twelve month range of $13.06 to $21.04.

Compagnie Financiere Richemont AG (OTCMKTS:CFRUY - ) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 313,200 shares, a drop of 37.2% from the September 15th total of 498,800 shares. Based on an average daily volume of 972,300 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 972,300 shares, the days-to-cover ratio is currently 0.3 days.

Compagnie Financiere Richemont Trading Down 1.2%

Shares of OTCMKTS:CFRUY opened at $20.06 on Wednesday. The firm has a 50 day simple moving average of $18.39 and a 200-day simple moving average of $18.04. Compagnie Financiere Richemont has a twelve month low of $13.06 and a twelve month high of $21.04. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.98 and a current ratio of 2.90.

Compagnie Financiere Richemont Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, October 7th. Investors of record on Friday, September 19th were given a $0.1714 dividend. The ex-dividend date of this dividend was Thursday, September 18th. This represents a yield of 90.0%.

Compagnie Financiere 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.

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