Compagnie Financière Richemont SA (OTCMKTS:CFRUY) Short Interest Up 1,284.2% in December

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

Compagnie Financière Richemont Price Performance

Shares of OTCMKTS:CFRUY opened at $15.12 on Tuesday. The company has a current ratio of 2.65, a quick ratio of 1.97 and a debt-to-equity ratio of 0.29. The business’s fifty day moving average price is $14.55 and its two-hundred day moving average price is $14.84. Compagnie Financière Richemont has a fifty-two week low of $11.96 and a fifty-two week high of $16.91.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded shares of Compagnie Financière Richemont to a “strong-buy” rating in a research note on Tuesday, September 17th.

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.