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

Compagnie Financière Richemont SA (OTCMKTS:CFRUY) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 912,200 shares, a growth of 1,284.2% from the December 31st total of 65,900 shares. Based on an average trading volume of 1,349,000 shares, the days-to-cover ratio is currently 0.7 days.

Compagnie Financière Richemont Stock Down 0.8 %

Shares of OTCMKTS:CFRUY traded down $0.15 during trading hours on Tuesday, hitting $19.03. 1,603,777 shares of the company’s stock traded hands, compared to its average volume of 1,194,753. Compagnie Financière Richemont has a 1 year low of $13.06 and a 1 year high of $19.18. The business has a fifty day moving average price of $15.34 and a 200-day moving average price of $14.99.

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.