Compagnie Financière Richemont SA (OTCMKTS:CFRUY) Short Interest Up 1,028.2% in March

Compagnie Financière Richemont SA (OTCMKTS:CFRUY) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 300,100 shares, a growth of 1,028.2% from the February 29th total of 26,600 shares. Based on an average daily trading volume, of 701,700 shares, the days-to-cover ratio is currently 0.4 days.

Compagnie Financière Richemont Stock Performance

CFRUY opened at $15.13 on Thursday. The company has a current ratio of 2.48, a quick ratio of 1.84 and a debt-to-equity ratio of 0.31. The stock has a fifty day simple moving average of $15.23 and a two-hundred day simple moving average of $13.57. Compagnie Financière Richemont has a 12-month low of $11.41 and a 12-month high of $17.86.

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.