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

Compagnie Financière Richemont SA (OTCMKTS:CFRUY) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 425,900 shares, a decrease of 53.3% from the December 31st total of 912,200 shares. Based on an average daily volume of 2,027,500 shares, the short-interest ratio is presently 0.2 days.

Compagnie Financière Richemont Price Performance

Shares of Compagnie Financière Richemont stock traded up $0.26 during midday trading on Thursday, hitting $19.44. 563,887 shares of the company were exchanged, compared to its average volume of 1,156,446. The firm has a 50 day simple moving average of $15.57 and a 200-day simple moving average of $15.04. Compagnie Financière Richemont has a 52 week low of $13.06 and a 52 week high of $19.61.

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.