Short Interest in Compagnie Financiere Richemont AG (OTCMKTS:CFRUY) Rises By 181.2%

Key Points

• Compagnie Financiere Richemont AG experienced a significant increase in short interest, rising by 181.2% to 152,400 shares as of July 15th.
• The stock is currently down 2.5%, with its recent trading price being $15.86, compared to a fifty-day moving average of $18.33.
• The company's financial health is evident with a quick ratio of 1.98 and a debt-to-equity ratio of 0.20.

Compagnie Financiere Richemont AG (OTCMKTS:CFRUY - Get Free Report) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 152,400 shares, anincreaseof181.2% from the June 30th total of 54,200 shares. Based on an average trading volume of 1,118,900 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 1,118,900 shares, the days-to-cover ratio is currently 0.1 days.

Compagnie Financiere Richemont Price Performance

CFRUY traded down $0.00 during trading on Friday, hitting $16.27. The stock had a trading volume of 384,687 shares, compared to its average volume of 1,486,731. The stock has a 50 day simple moving average of $18.10 and a two-hundred day simple moving average of $18.33. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.90 and a quick ratio of 1.98. Compagnie Financiere Richemont has a twelve month low of $13.06 and a twelve month high of $21.04.

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.