Compagnie Financière Richemont SA (OTCMKTS:CFRUY) Short Interest Update

Compagnie Financière Richemont SA (OTCMKTS:CFRUY) was the target of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 161,800 shares, a decrease of 42.4% from the October 31st total of 281,000 shares. Based on an average daily trading volume, of 1,279,000 shares, the days-to-cover ratio is currently 0.1 days.

Compagnie Financière Richemont Trading Up 0.4 %

Shares of CFRUY stock traded up $0.06 on Thursday, hitting $13.76. The company had a trading volume of 456,665 shares, compared to its average volume of 472,175. The company has a 50-day moving average price of $14.42 and a 200-day moving average price of $15.04. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.97 and a current ratio of 2.65. Compagnie Financière Richemont has a twelve month low of $11.96 and a twelve month high of $16.91.

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 issued a $0.1454 dividend. The ex-dividend date was Friday, September 20th.

Analysts Set New Price Targets

Separately, Barclays raised 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.