Compagnie Financiere Richemont AG (OTCMKTS:CFRUY) Short Interest Down 81.4% in August

Key Points

• The short interest in Compagnie Financiere Richemont AG decreased by 81.4% in August, falling from 638,800 shares to 118,900 shares.
• The current short-interest ratio is 0.1 days, based on an average trading volume of 972,900 shares.
• Shares of Richemont opened at $17.32 with a 1-year stock price range between $13.06 and $21.04.

Compagnie Financiere Richemont AG (OTCMKTS:CFRUY - ) saw a large drop in short interest during the month of August. As of August 15th, there was short interest totaling 118,900 shares, adropof81.4% from the July 31st total of 638,800 shares. Based on an average trading volume of 972,900 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 972,900 shares, the short-interest ratio is currently 0.1 days.

Compagnie Financiere Richemont Stock Performance

Shares of CFRUY stock opened at $17.32 on Wednesday. The business has a fifty day moving average of $17.46 and a 200 day moving average of $17.99. Compagnie Financiere Richemont has a 1 year low of $13.06 and a 1 year 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 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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