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

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

Compagnie Financière Richemont Price Performance

Shares of OTCMKTS CFRUY traded down $0.15 during mid-day trading on Tuesday, hitting $19.03. The stock had a trading volume of 1,603,777 shares, compared to its average volume of 1,194,753. The company has a 50 day moving average of $15.34 and a two-hundred day moving average of $14.99. Compagnie Financière Richemont has a twelve month low of $13.06 and a twelve month high of $19.18.

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.