Compagnie Financière Richemont SA (OTCMKTS:CFRUY) Sees Large Decrease in Short Interest

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

Compagnie Financière Richemont Stock Up 3.4 %

OTCMKTS CFRUY traded up $0.63 during trading hours on Friday, hitting $18.99. 12,531,832 shares of the stock were exchanged, compared to its average volume of 3,221,185. The company has a current ratio of 2.52, a quick ratio of 1.78 and a debt-to-equity ratio of 0.30. Compagnie Financière Richemont has a 12-month low of $13.06 and a 12-month high of $21.04. The stock has a 50-day moving average of $18.71 and a 200 day moving average of $16.04.

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.