Compagnie Financière Richemont SA (OTCMKTS:CFRUY) Short Interest Update

Compagnie Financière Richemont SA (OTCMKTS:CFRUYGet Free Report) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 217,700 shares, an increase of 219.7% from the September 15th total of 68,100 shares. Based on an average trading volume of 768,700 shares, the days-to-cover ratio is presently 0.3 days.

Compagnie Financière Richemont Price Performance

Shares of Compagnie Financière Richemont stock traded up $0.01 during mid-day trading on Friday, hitting $15.33. 336,145 shares of the stock were exchanged, compared to its average volume of 438,442. The company has a 50-day simple moving average of $14.96 and a 200 day simple moving average of $15.12. Compagnie Financière Richemont has a twelve month low of $11.41 and a twelve month high of $16.91.

Compagnie Financière Richemont Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, October 8th. Investors of record on Friday, September 20th were given a dividend of $0.1454 per share. The ex-dividend date was Friday, September 20th.

Analyst Ratings Changes

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

View Our Latest Stock Analysis on CFRUY

Compagnie Financière Richemont Company Profile

(Get Free Report)

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.

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