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

Compagnie Financière Richemont SA (OTCMKTS:CFRUY - Get Free Report) was the recipient of a large 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 trading volume, of 1,349,000 shares, the days-to-cover ratio is presently 0.7 days.

Compagnie Financière Richemont Trading Down 0.5 %

Shares of OTCMKTS CFRUY traded down $0.07 during midday trading on Monday, hitting $15.12. 1,543,242 shares of the stock traded hands, compared to its average volume of 958,949. Compagnie Financière Richemont has a one year low of $11.96 and a one year high of $16.91. 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 50 day moving average price of $14.53 and a two-hundred day moving average price of $14.84.

Analyst Ratings Changes

Separately, Barclays upgraded shares of 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.