Compagnie Financiere Richemont AG (OTCMKTS:CFRUY) Short Interest Up 89.9% in May

Compagnie Financiere Richemont AG (OTCMKTS:CFRUY) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 322,283 shares, an increase of 89.9% from the April 30th total of 169,678 shares. Based on an average trading volume of 817,270 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

Compagnie Financiere Richemont Stock Performance

Compagnie Financiere Richemont stock opened at $21.18 on Tuesday. Compagnie Financiere Richemont has a one year low of $15.58 and a one year high of $22.15. The stock’s fifty day moving average price is $19.19 and its two-hundred day moving average price is $19.97. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.87 and a current ratio of 2.82.

About Compagnie Financiere Richemont

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.