Compagnie Financière Richemont SA (OTCMKTS:CFRUY) Short Interest Up 219.7% in September

Compagnie Financière Richemont SA (OTCMKTS:CFRUY - Get Free Report) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 217,700 shares, an increase of 219.7% from the September 15th total of 68,100 shares. Based on an average daily trading volume, of 768,700 shares, the days-to-cover ratio is presently 0.3 days.

Compagnie Financière Richemont Trading Up 0.3 %

Shares of OTCMKTS:CFRUY traded up $0.04 during midday trading on Thursday, hitting $15.32. 597,558 shares of the company's stock were exchanged, compared to its average volume of 438,964. Compagnie Financière Richemont has a 12 month low of $11.41 and a 12 month high of $16.91. The stock has a 50 day moving average price of $14.94 and a 200-day moving average price of $15.12.

Compagnie Financière Richemont Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, October 8th. Shareholders of record on Friday, September 20th were given a $0.1454 dividend. The ex-dividend date was Friday, September 20th.

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.

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