Compagnie Financiere Richemont AG (OTCMKTS:CFRUY) Short Interest Update

Compagnie Financiere Richemont AG (OTCMKTS:CFRUY) was the target of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 180,232 shares, a decrease of 44.1% from the May 14th total of 322,283 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 717,685 shares, the short-interest ratio is presently 0.3 days.

Compagnie Financiere Richemont Trading Up 1.0%

CFRUY opened at $22.47 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.87 and a current ratio of 2.82. The stock’s 50 day simple moving average is $19.89 and its 200 day simple moving average is $20.01. Compagnie Financiere Richemont has a 1-year low of $15.58 and a 1-year high of $22.50.

Compagnie Financiere Richemont Company Profile

Compagnie Financière Richemont SA is a Switzerland-based luxury goods holding company headquartered in Geneva. The group designs, manufactures and distributes high-end jewelry, watches, leather goods, writing instruments, accessories and fashion items through a portfolio of maisons and specialist retailers. Richemont’s business model combines brand ownership with direct retail operations and selective wholesale distribution to serve affluent consumers worldwide.

Richemont’s portfolio includes several well-known luxury maisons that operate across distinct product categories, notably jewellery and watchmaking, as well as leather goods and accessories.