Compagnie Financière Richemont SA (OTCMKTS:CFRUY) Short Interest Up 1,284.2% in December

Compagnie Financière Richemont SA (OTCMKTS:CFRUY) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 912,200 shares, an increase of 1,284.2% from the December 15th total of 65,900 shares. Based on an average daily volume of 1,349,000 shares, the days-to-cover ratio is presently 0.7 days.

Compagnie Financière Richemont Price Performance

Shares of OTCMKTS CFRUY traded down $0.26 during mid-day trading on Monday, reaching $15.19. 1,729,222 shares of the company’s stock were exchanged, compared to its average volume of 861,570. The company has a current ratio of 2.65, a quick ratio of 1.97 and a debt-to-equity ratio of 0.29. The business has a fifty day simple moving average of $14.53 and a 200 day simple moving average of $14.84. Compagnie Financière Richemont has a twelve month low of $11.96 and a twelve month high of $16.91.

Wall Street Analyst Weigh In

Separately, Barclays raised Compagnie Financière Richemont to a “strong-buy” rating in a research report on Tuesday, September 17th.

Compagnie Financière 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.