Compagnie Financiere Richemont AG (OTCMKTS:CFRUY) Short Interest Update

Key Points

• Compagnie Financiere Richemont AG experienced a dramatic increase in short interest, rising 319.2% in July, with a total of 638,800 shares shorted by July 31st.
• The current short-interest ratio is 0.5 days based on an average daily volume of 1,219,300 shares.
• The company's stock opened at $16.38, with a one-year low of $13.06 and high of $21.04.

Compagnie Financiere Richemont AG (OTCMKTS:CFRUY - Get Free Report) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 638,800 shares, anincreaseof319.2% from the July 15th total of 152,400 shares. Based on an average daily volume of 1,219,300 shares, the short-interest ratio is currently 0.5 days. Currently,0.0% of the company's shares are short sold. Currently,0.0% of the company's shares are short sold. Based on an average daily volume of 1,219,300 shares, the short-interest ratio is currently 0.5 days.

Compagnie Financiere Richemont Price Performance

CFRUY traded up $0.41 during mid-day trading on Tuesday, hitting $16.69. 379,134 shares of the stock were exchanged, compared to its average volume of 1,442,432. The firm's fifty day moving average is $17.77 and its two-hundred day moving average is $18.18. 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 current ratio of 2.90 and a quick ratio of 1.98.

About Compagnie Financiere 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.