Compagnie Financiere Richemont AG (OTCMKTS:CFRUY) Short Interest Down 44.1% in May

Compagnie Financiere Richemont AG (OTCMKTS:CFRUY – Get Free Report) 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 company’s shares are short sold. Based on an average trading volume of 717,685 shares, the short-interest ratio is currently 0.3 days.

Compagnie Financiere Richemont Trading Up 2.0%

Shares of CFRUY stock traded up $0.45 during trading hours on Tuesday, hitting $23.05. 285,816 shares of the company were exchanged, compared to its average volume of 565,608. Compagnie Financiere Richemont has a 1 year low of $15.58 and a 1 year high of $23.06. The company has a current ratio of 2.82, a quick ratio of 1.87 and a debt-to-equity ratio of 0.20. The firm has a fifty day moving average of $19.98 and a 200 day moving average of $20.02.

Compagnie Financiere Richemont Company Profile

(Get Free Report)

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.

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