Short Interest in Compagnie Financière Richemont SA (OTCMKTS:CFRUY) Declines By 46.3%

Compagnie Financière Richemont SA (OTCMKTS:CFRUY - Get Free Report) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totalling 65,900 shares, a drop of 46.3% from the November 30th total of 122,800 shares. Based on an average daily volume of 1,554,800 shares, the days-to-cover ratio is currently 0.0 days.

Compagnie Financière Richemont Price Performance

Shares of OTCMKTS:CFRUY traded down $0.17 during trading on Friday, reaching $15.21. 503,876 shares of the stock were exchanged, compared to its average volume of 495,699. Compagnie Financière Richemont has a 1-year low of $11.96 and a 1-year high of $16.91. The stock has a fifty day moving average of $14.41 and a two-hundred day moving average of $14.91. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.65 and a quick ratio of 1.97.

Analyst Upgrades and Downgrades

Separately, Barclays raised Compagnie Financière Richemont to a "strong-buy" rating in a 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.