Short Interest in Compagnie Financiere Richemont AG (OTCMKTS:CFRUY) Expands By 149.9%

Key Points

• Short interest in Compagnie Financiere Richemont AG rose by 149.9% in August, increasing from 118,900 shares to 297,100 shares.
• The short-interest ratio currently stands at 0.4 days, indicating a limited number of shares available for short selling relative to daily trading volume.
• As of the latest trading session, the share price hit $18.58, with a fifty-two week price range between $13.06 and $21.04.

Compagnie Financiere Richemont AG (OTCMKTS:CFRUY - ) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 297,100 shares, an increase of 149.9% from the August 15th total of 118,900 shares. Based on an average daily volume of 777,100 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the company's stock are short sold. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 777,100 shares, the short-interest ratio is presently 0.4 days.

Compagnie Financiere Richemont Price Performance

Shares of CFRUY stock traded down $0.18 on Friday, hitting $18.58. The company's stock had a trading volume of 441,247 shares, compared to its average volume of 434,244. The company has a quick ratio of 1.98, a current ratio of 2.90 and a debt-to-equity ratio of 0.20. Compagnie Financiere Richemont has a fifty-two week low of $13.06 and a fifty-two week high of $21.04. The firm's fifty day moving average price is $17.37 and its 200-day moving average price is $17.91.

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.

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