Compagnie Financière Richemont SA (OTCMKTS:CFRUY) Sees Significant Drop in Short Interest

Compagnie Financière Richemont SA (OTCMKTS:CFRUY - Get Free Report) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 332,000 shares, a decrease of 52.1% from the February 13th total of 692,400 shares. Based on an average daily volume of 12,148,900 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Compagnie Financière Richemont Price Performance

CFRUY traded down $0.11 on Tuesday, reaching $18.57. The company had a trading volume of 869,748 shares, compared to its average volume of 3,126,946. Compagnie Financière Richemont has a fifty-two week low of $13.06 and a fifty-two week high of $21.04. The company's fifty day moving average is $18.84 and its 200 day moving average is $16.08. The company has a quick ratio of 1.78, a current ratio of 2.52 and a debt-to-equity ratio of 0.30.

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.