Short Interest in Compagnie Financière Richemont SA (OTCMKTS:CFRUY) Declines By 53.3%

Compagnie Financière Richemont SA (OTCMKTS:CFRUY) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totalling 425,900 shares, a decrease of 53.3% from the December 31st total of 912,200 shares. Based on an average daily trading volume, of 2,027,500 shares, the days-to-cover ratio is presently 0.2 days.

Compagnie Financière Richemont Stock Up 1.4 %

CFRUY traded up $0.26 during mid-day trading on Thursday, reaching $19.44. The stock had a trading volume of 563,887 shares, compared to its average volume of 1,156,446. The firm’s fifty day simple moving average is $15.57 and its two-hundred day simple moving average is $15.04. Compagnie Financière Richemont has a 52 week low of $13.06 and a 52 week high of $19.61.

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.