Short Interest in Compagnie Financière Richemont SA (OTCMKTS:CFRUY) Decreases By 24.1%

Compagnie Financière Richemont SA (OTCMKTS:CFRUY - Get Free Report) was the recipient of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 122,800 shares, a decline of 24.1% from the November 15th total of 161,800 shares. Based on an average trading volume of 1,426,400 shares, the short-interest ratio is currently 0.1 days.

Compagnie Financière Richemont Price Performance

CFRUY stock traded up $0.06 during midday trading on Friday, reaching $15.22. 419,447 shares of the company's stock traded hands, compared to its average volume of 487,421. Compagnie Financière Richemont has a fifty-two week low of $11.96 and a fifty-two week high of $16.91. The business has a 50-day moving average price of $14.37 and a two-hundred day moving average price of $14.98. The company has a current ratio of 2.65, a quick ratio of 1.97 and a debt-to-equity ratio of 0.29.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded Compagnie Financière Richemont to a "strong-buy" rating in a research note on Tuesday, September 17th.

About Compagnie Financière 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.