Compagnie Financiere Richemont AG (OTCMKTS:CFRUY) Short Interest Up 67.9% in September

Key Points

• Short interest in Compagnie Financiere Richemont AG increased significantly in September, rising by 67.9% to a total of 498,800 shares compared to 297,100 shares at the end of August.
• The company announced a $0.1714 dividend that will be paid on October 7th, providing a notable dividend yield of 90.0% for eligible stockholders.
• Compagnie Financiere Richemont's stock recently opened at $19.56, with a 12-month range between a low of $13.06 and a high of $21.04.

Compagnie Financiere Richemont AG (OTCMKTS:CFRUY - ) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 498,800 shares, an increase of 67.9% from the August 31st total of 297,100 shares. Based on an average daily volume of 975,700 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 975,700 shares, the short-interest ratio is currently 0.5 days.

Compagnie Financiere Richemont Stock Up 1.4%

OTCMKTS:CFRUY opened at $19.56 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.98 and a current ratio of 2.90. The company's 50-day moving average is $17.60 and its two-hundred day moving average is $17.87. Compagnie Financiere Richemont has a 12-month low of $13.06 and a 12-month high of $21.04.

Compagnie Financiere Richemont Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, October 7th. Stockholders of record on Friday, September 19th will be given a $0.1714 dividend. The ex-dividend date of this dividend is Thursday, September 18th. This represents a dividend 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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