Compagnie Financière Richemont Short Interest Ratio and Short Volume

Short interest is the volume of Compagnie Financière Richemont shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 114,500 shares of CFRUY short.

Compagnie Financière Richemont saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 114,500 shares, an increase of 251.2% from the previous total of 32,600 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

0.00% of Compagnie Financière Richemont's shares are currently sold short. Here is how the short interest of companies in the sector of "retail/wholesale" compare to Compagnie Financière Richemont: Walmart Inc. (0.95%), The Home Depot, Inc. (0.95%), Prosus (0.00%), McDonald's Co. (0.83%), Costco Wholesale Co. (0.00%), Pinduoduo Inc. (0.00%), Lowe's Companies, Inc. (1.03%), Starbucks Co. (0.98%), Industria de Diseño Textil, S.A. (0.00%), and Target Co. (1.77%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

Short selling CFRUY is an investing strategy that aims to generate trading profit from Compagnie Financière Richemont as its price is falling. Compagnie Financière Richemont's stock is trading down $0.04 today. To short Compagnie Financière Richemont stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that Compagnie Financière Richemont will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Compagnie Financière Richemont occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of CFRUY, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including CFRUY, twice per month. The most recent reporting period available is March, 31 2021.